Incorporated in 1972, Welcast Steels Ltd manufactures High Chrome Grinding Media balls. The companies client list includes Larsen & Toubro Ltd., Andhra Cement, Century Cement, UP State Cement Corporation, India Cements, Blue Circle Cement, Nissho Iwai Corp., Rayasut Cement Company, etc.
- Welcast Steels Ltd reported Total revenue for Q4 FY23 of ₹21.3 Crore, down from ₹22.8 Crore year on year depicting a decline of 7%.
- Total Expenses for Q4 FY23 of ₹24.4 Crore down, from ₹23.2 Crore year on year, a decline of 5%.
- Consolidated Net Profit of -(₹2.09) Crore, down 2,190% from ₹0.10 Crore in the same quarter of the previous year.
- The Earnings per Share is -(₹32.76), down 2,160% from ₹1.59 in the same quarter of the previous year.