{"id":154127,"date":"2023-08-16T05:17:03","date_gmt":"2023-08-16T09:17:03","guid":{"rendered":"https:\/\/44.250.171.167\/?p=154127"},"modified":"2023-08-16T05:17:04","modified_gmt":"2023-08-16T09:17:04","slug":"prakash-steelage-ltd-q1fy24-950-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/prakash-steelage-ltd-q1fy24-950-rise-in-profits\/","title":{"rendered":"Prakash Steelage Ltd Q1FY24; 950% rise in Profits"},"content":{"rendered":"<p>Incorporated in 1996, Prakash Steelage Ltd is a manufacturer and exporter of stainless steel, welded pipes &amp; tubes.<\/p>\n<p><br \/>Financial Results:<\/p>\n<ul>\n<li>Prakash Steelage Ltd reported Revenues for Q1FY24 of \u20b929.00 Crores up from \u20b917.00 Crore year on year, a rise of 70.59%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b928.00 Crores up from \u20b916.00 Crores year on year, a rise of 75.0%.<\/li>\n<li>Consolidated Net Profit of \u20b921.00 Crores up 950.0% from \u20b92.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b91.20, up 990.91% from \u20b90.11 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1141-839x1024.png\" alt=\"\" class=\"wp-image-154128\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1141-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1141-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1141-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1141-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1141.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Incorporated in 1996, Prakash Steelage Ltd is a manufacturer and exporter of stainless steel, welded pipes &amp; tubes. Financial Results: Prakash Steelage Ltd reported Revenues for Q1FY24 of \u20b929.00 Crores up from \u20b917.00 Crore year on year, a rise of 70.59%. Total Expenses for Q1FY24 of \u20b928.00 Crores up from \u20b916.00 Crores year on year, [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9798],"class_list":["post-154127","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-stainless-steel"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150549,"url":"https:\/\/alphastreet.com\/india\/prakash-industries-ltd-q1fy24-107-rise-in-profits\/","url_meta":{"origin":154127,"position":0},"title":"Prakash Industries Ltd Q1FY24; 107% rise in Profits","author":"Karan_Singh","date":"July 31, 2023","format":false,"excerpt":"Prakash Industries Ltd is engaged in the business of manufacturing and sale of Steel Products and generation of Power. Financial Results: Prakash Industries Ltd reported Revenues for Q1FY24 of \u20b91,013.00 Crores up from \u20b9895.00 Crore year on year, a rise of 13.18%. Total Expenses for Q1FY24 of \u20b9953.00 Crores up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-420.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-420.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-420.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-420.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-420.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-420.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151757,"url":"https:\/\/alphastreet.com\/india\/prakash-pipes-ltd-q1fy24-28-fall-in-profits\/","url_meta":{"origin":154127,"position":1},"title":"Prakash Pipes Ltd Q1FY24; 28% fall in Profits","author":"Karan_Singh","date":"August 8, 2023","format":false,"excerpt":"Prakash Pipes is engaged in the manufacturing of PVC pipes & fittings and packaging products. It was incorporated in June 2017 created out of a demerger from Prakash Industries Limited. Financial Results: Prakash Pipes Ltd reported Revenues for Q1FY24 of \u20b9176.00 Crores down from \u20b9192.00 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-363.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-363.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-363.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-363.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-363.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-363.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152598,"url":"https:\/\/alphastreet.com\/india\/shah-alloys-ltd-q1fy24-106-rise-in-profits\/","url_meta":{"origin":154127,"position":2},"title":"Shah Alloys Ltd Q1FY24; 106% rise in Profits","author":"Chirag Gupta","date":"August 10, 2023","format":false,"excerpt":"Incorporated in 1990, Shah Alloys Ltd (SAL) is a manufacturer of Stainless Steel, Alloy & Special Steel, Carbon\/ Mild Steel and Armour Steel in Flat and Long products. Co. is registered with the DRDO as an approved vendor Financial Results: Shah Alloys Ltd reported Revenues for Q1FY24 of \u20b9159.56 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-642.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-642.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-642.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-642.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-642.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-642.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150041,"url":"https:\/\/alphastreet.com\/india\/jindal-stainless-ltd-q1-fy24-45-rise-in-profits\/","url_meta":{"origin":154127,"position":3},"title":"Jindal Stainless Ltd Q1 FY24; 45% rise in Profits","author":"Hardik Bhandare","date":"July 26, 2023","format":false,"excerpt":"Jindal Stainless Ltd is one of the largest manufacturers of Stainless Steel flat products, in Austenitic, Ferritic, Martensitic and Duplex grades in India used in a variety of industries like automobile, railways, construction, consumer goods etc. Financial Results: Jindal Stainless Ltd reported Revenues for Q1FY24 of \u20b910,184.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-265.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-265.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-265.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-265.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-265.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-265.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151155,"url":"https:\/\/alphastreet.com\/india\/venus-pipes-89-rise-in-profits\/","url_meta":{"origin":154127,"position":4},"title":"Venus Pipes &#038; Tubes Ltd Q1FY24; 89% rise in Profits","author":"Chirag Gupta","date":"August 3, 2023","format":false,"excerpt":"Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories - seamless tubes\/pipes and welded tubes\/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-161.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-161.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-161.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-161.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-161.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-161.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152078,"url":"https:\/\/alphastreet.com\/india\/ratnamani-metals-55-rise-in-profits\/","url_meta":{"origin":154127,"position":5},"title":"Ratnamani Metals &#038; Tubes Ltd Q1FY24; 55% rise in Profits","author":"Karan_Singh","date":"August 9, 2023","format":false,"excerpt":"Ratnamani Metals & Tubes Ltd is engaged in the manufacturing of stainless steel pipes and tubes and carbon steel pipes from its manufacturing facilities in India. Financial Results: Ratnamani Metals & Tubes Ltd reported Revenues for Q1FY24 of \u20b91,175.00 Crores up from \u20b9977.00 Crore year on year, a rise of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-468.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-468.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-468.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-468.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-468.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-468.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/154127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=154127"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/154127\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=154127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=154127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=154127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}