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Steelcast Ltd Q2FY24; 6% 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 Q2FY24 of ₹102.00 Crores down from ₹121.00 Crore year on year, a fall of 15.7%.

Total Expenses for Q2FY24 of ₹77.00 Crores down from ₹99.00 Crores year on year, a fall of 22.22%.

Consolidated Net Profit of ₹19.00 Crores up 5.56% from ₹18.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹9.18, up 5.76% from ₹8.68 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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