Shyam Metalics & Energy consolidated net profit declines 15.50% in the March 2024 quarter

Image
Last Updated : May 14 2024 | 4:04 PM IST

Sales rise 5.20% to Rs 3606.20 crore

Net profit of Shyam Metalics & Energy declined 15.50% to Rs 216.54 crore in the quarter ended March 2024 as against Rs 256.26 crore during the previous quarter ended March 2023. Sales rose 5.20% to Rs 3606.20 crore in the quarter ended March 2024 as against Rs 3427.97 crore during the previous quarter ended March 2023.

For the full year,net profit rose 21.36% to Rs 1034.79 crore in the year ended March 2024 as against Rs 852.68 crore during the previous year ended March 2023. Sales rose 4.24% to Rs 13195.22 crore in the year ended March 2024 as against Rs 12658.07 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales3606.203427.97 5 13195.2212658.07 4 OPM %12.2512.46 -11.9011.85 - PBDT471.21411.68 14 1595.841510.84 6 PBT331.85274.91 21 939.801036.87 -9 NP216.54256.26 -15 1034.79852.68 21

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 14 2024 | 3:59 PM IST

Next Story