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Zenith Steel Pipes & Industries Ltd Q1FY24; 59% fall in Revenue

Incorporated 1960, Zenith Steel Pipes & Industries Ltd does manufacturing and selling of ERW And SAW Pipes


Financial Results:

  • Zenith Steel Pipes & Industries Ltd reported Revenues for Q1FY24 of ₹24.40 Crores down from ₹59.64 Crore year on year, a fall of 59.09%.
  • Total Expenses for Q1FY24 of ₹26.87 Crores down from ₹58.54 Crores year on year, a fall of 54.1%.
  • Consolidated Net Profit of -₹2.36 Crores from ₹0.01 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹0.17, from ₹0.00 in the same quarter of the previous year.
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