Kalyani Steels jumped 8.08% to Rs 752 after it reported a standalone net profit advanced 26.75% to Rs 79.28 crore on an 8.25% rise in revenue from operations to Rs 544.33 crore in Q4 FY25 over Q4 FY24.
Profit before tax (PBT) in Q4 FY25 stood at 107.14 crore, up by 26.96% from Rs 84.39 crore recorded in Q4 FY24. Total tax expenses during the period under review aggregated to Rs 27.86 crore, up 27.56% YoY.Total expenses for the quarter increased 4.28% YoY to Rs 449.94 crore. Among the cost components, other expenses rose sharply by 33.1% YoY to Rs 278.76 crore, outpacing the increase in raw material consumption costs (up 8.36% YoY) and employee benefit expenses (up 11.51% YoY).
Meanwhile, the board has recommended a dividend of Rs 10 per equity share for FY25, subject to shareholder approval.
Kalyani Steels is a part of Kalyani Group and is primarily engaged in the business of the manufacture and sale of iron and steel products.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
