Prakash Industries has reported results for first quarter ended June 30, 2018
The company has reported around 3-fold jump in its net profit at Rs 168.68 crore for the quarter under review as compared to Rs 59.41 crore for the same quarter in the previous year. Total income of the company increased by 36.41% at Rs 987.06 crore for Q1FY19 as compared Rs 723.62 crore for the corresponding quarter previous year.
Prakash Industries is an integrated steel and power company. Its products include coal mines, iron ore mines, sponge iron, power, steel melting shop and ferro alloys.
