Categories Earnings, Industrials

Shyam Metalics & Energy Ltd Q4FY23 results out, revenue grows by 18%

Shyam Metalics is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. The company is one of the largest producers of ferro alloys in terms of installed capacity in India and has the ability to sell intermediate and final products across the steel value chain.

  • Shyam Metalics & Energy Ltd reported Total revenue for Q4 FY23 of ₹3,380 Crore, up from ₹2,857 Crore year on year depicting a growth of 18%.
  • Total Expenses for Q4 FY23 of ₹2,967 Crore up, from ₹2,194 Crore year on year, a growth of 35%. 
  • Consolidated Net Profit of ₹259 Crore, down 40% from ₹433 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹10.15, down 40% from ₹17 in the same quarter of the previous year.

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