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Steelcast Ltd Q1FY24; 43% rise in Profits

Steelcast Limited (SCL) is engaged in the business of manufacturing Steel and Alloy Steel Castings catering to a host of OEMs for diverse industrial sectors.

Financial Results:

Steelcast Ltd reported Revenues for Q1FY24 of ₹119.00 Crores up from ₹116.00 Crore year on year, a rise of 2.59%.

Total Expenses for Q1FY24 of ₹92.00 Crores down from ₹98.00 Crores year on year, a fall of 6.12%.

Consolidated Net Profit of ₹20.00 Crores up 42.86% from ₹14.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹10.02, up 43.35% from ₹6.99 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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