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Vardhman Special Steels Ltd Q1FY24; 37% fall in Profits

Vardhman Special Steels is engaged in manufacturing of Billets, Steel bars & Rods and Bright Bars of various categories of special and alloy steels.

Financial Results:

Vardhman Special Steels Ltd reported Revenues for Q1FY24 of ₹409.00 Crores down from ₹469.00 Crore year on year, a fall of 12.79%.

Total Expenses for Q1FY24 of ₹391.00 Crores down from ₹434.00 Crores year on year, a fall of 9.91%.

Consolidated Net Profit of ₹19.00 Crores down 36.67% from ₹30.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.29, down 38.77% from ₹3.74 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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