Kalyani Steels Ltd Q4 FY2023-24 net profit lower at Rs. 62.55 crores

Kalyani Steels Limited has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q4 FY2024) - QoQ Comparison

The company has reported total income of Rs. 515.870 crores during the period ended March 31, 2024 as compared to Rs. 491.997 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 62.550 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 65.331 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 14.33 for the period ended March 31, 2024 as compared to Rs. 14.97 for the period ended December 31, 2023.

Financials	Q4 FY2024	Q3 FY2024	% Change
Total Income	₹515.870 crs	₹491.997 crs	4.85%
Net Profit	₹62.550 crs	₹65.331 crs	-4.26%
EPS	₹14.33	₹14.97	-4.28%

Financial Results (Q4 FY2024) - YoY Comparison

The company has reported total income of Rs.515.870 crores during the period ended March 31, 2024 as compared to Rs.474.381 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.62.550 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.69.70 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.14.33 for the period ended March 31, 2024 as compared to Rs.15.96 for the period ended March 31, 2023.

Financials	Q4 FY2024	Q4 FY2023	% Change
Total Income	₹515.870 crs	₹474.381 crs	8.75%
Net Profit	₹62.550 crs	₹69.70 crs	-10.26%
EPS	₹14.33	₹15.96	-10.21%

Financial Results (Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2006.303 crores during the Financial Year ended March 31, 2024 as compared to Rs.1955.758 crores during the Financial Year ended March 31, 2023.

The company has posted net profit / (loss) of Rs.247.455 crores for the Financial Year ended March 31, 2024 as against net profit / (loss) of Rs.167.027 crores for the Financial Year ended March 31, 2023.

The company has reported EPS of Rs.56.69 for the Financial Year ended March 31, 2024 as compared to Rs.38.26 for the Financial Year ended March 31, 2023.

Financials	Year Ended FY2024	Year Ended FY2023	% Change
Total Income	₹2006.303 crs	₹1955.758 crs	2.58%
Net Profit	₹247.455 crs	₹167.027 crs	48.15%
EPS	₹56.69	₹38.26	48.17%

Shares of Kalyani Steels Limited was last trading in BSE at Rs. 845.00 as compared to the previous close of Rs. 818.10. The total number of shares traded during the day was 4697 in over 570 trades.

The stock hit an intraday high of Rs. 848.60 and intraday low of 805.60. The net turnover during the day was Rs. 3899330.00.

Source : Equity Bulls

Keywords

KalyaniSteels Q4FY24 FY2024 ResultUpdate