Shyam Metalics & Energy Ltd Q2FY25; 55% fall in Profits

Shyam Metalics is primarily engaged in the manufacturing of steel and allied products including pellets, sponge iron, TMT and long products, ferro alloys and generation of power.

Financial Results:

Shyam Metalics & Energy Ltd reported Revenues for Q2FY25 of ₹3,634.00 Crores up from ₹2,941.00 Crore year on year, a rise of 23.56%.

Total Expenses for Q2FY25 of ₹3,401.00 Crores up from ₹2,846.00 Crores year on year, a rise of 19.5%.

Consolidated Net Profit of ₹216.00 Crores down 55.19% from ₹482.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹7.72, down 59.33% from ₹18.98 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.