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Vardhman Special Steels Ltd Q2FY24; 36% 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 Q2FY24 of ₹415.00 Crores down from ₹443.00 Crore year on year, a fall of 6.32%.

Total Expenses for Q2FY24 of ₹396.00 Crores down from ₹419.00 Crores year on year, a fall of 5.49%.

Consolidated Net Profit of ₹18.00 Crores down 35.71% from ₹28.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.27, down 34.20% from ₹3.45 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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