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Visa Steel Ltd Q1FY24; 19% rise in Revenue

Incorporated in 1996, Visa Steel Ltd. is engaged in the manufacturing of Iron and Steel products and High Carbon Ferro Chrome. The Co has manufacturing facilities and a captive power plant at Kalinganagar in Odisha.

Financial Results:

Visa Steel Ltd reported Revenues for Q1FY24 of ₹235.00 Crores up from ₹197.00 Crore year on year, a rise of 19.29%.

Total Expenses for Q1FY24 of ₹250.00 Crores up from ₹222.00 Crores year on year, a rise of 12.61%.

Consolidated Net Profit of -₹14.00 Crores from -₹25.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹1.21, from -₹2.20 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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