Categories AlphaGraphs, Earnings, Industrials

Shah Alloys Ltd Q1FY24; 106% rise in Profits

Incorporated in 1990, Shah Alloys Ltd (SAL) is a manufacturer of Stainless Steel, Alloy & Special Steel, Carbon/ Mild Steel and Armour Steel in Flat and Long products. Co. is registered with the DRDO as an approved vendor

Financial Results:

Shah Alloys Ltd reported Revenues for Q1FY24 of ₹159.56 Crores down from ₹187.48 Crore year on year, a fall of 14.89%.

Total Expenses for Q1FY24 of ₹158.80 Crores down from ₹187.02 Crores year on year, a fall of 15.09%.

Consolidated Net Profit of ₹0.70 Crores up 105.88% from ₹0.34 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.35, up 105.88% from ₹0.17 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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