Kalyani Steels Q1FY24 Results: Consolidated PAT of Rs. 61.25 Cr

Kalyani Steels Q1FY24 Results: Consolidated PAT of Rs. 61.25 Cr

Kalyani Steels Q1 results show revenue up from 474.38 crores to 509.29 crores, a 7.36% increase in growth. EPS down from ₹15.96 to ₹14.03, down by -12.09%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Kalyani Steels shared its Q1 results on Monday. They earned 509.29 crores in revenue this quarter, but that’s more than the 474.38 crores they made last quarter. The company’s growth increased by 7.36 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 61.25 crores, down from 69.70 crores in the previous quarter. Their quarter-to-quarter growth decreased by -12.12 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹14.03, which is a decrease of -12.09% from the ₹15.96 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 509.29 crores this year (2023), which is 0.73 percent higher than last year’s total revenue of 505.576 crores.

This year’s PAT (Profit After Tax) is 61.25 crores, which is also 159.18% higher than last year’s PAT of 23.632 crores.

The EPS (Earnings Per Share) for this year is ₹14.03, which is 159.33% more than the EPS of ₹5.41 earned last year.

Also Read: Poonawalla Fincorp Q1FY24 Results: Consolidated PAT of Rs. 225.74 Cr

Kalyani Steels Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Kalyani Steels:

Kalyani Steels Limited is involved in the manufacturing of mild steel, rolled steel products, as well as carbon and alloy steel ingots and billets. Additionally, the company is engaged in trading activities related to iron ore, coke, and other products.

Download the Full PDF of Kalyani Steels Q1 Results: Click Here

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