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Steel Exchange India Ltd Q2FY24; 14% fall in Revenue

Incorporated in 1999, Steel Exchange India Ltd. is engaged in manufacturing and sale of steel and related products and generation of power.

Financial Results:

Steel Exchange India Ltd reported Revenues for Q2FY24 of ₹269.45 Crores down from ₹314.53 Crore year on year, a fall of 14.33%.

Total Expenses for Q2FY24 of ₹273.89 Crores down from ₹314.03 Crores year on year, a fall of 12.78%.

Consolidated Net Profit of -₹3.65 Crores from ₹1.05 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.03, from ₹0.01 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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