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Shyam Metalics and Energy reports 3-fold jump in Q2 consolidated net profit

09 Nov 2021 Evaluate

Shyam Metalics and Energy has reported results for second quarter ended September 30, 2021.

The company has reported around 3-fold jump in its net profit at Rs 259.64 crore for the quarter under review as compared to Rs 91.30 crore for the same quarter in the previous year. Total income of the company increased by 85.23% at Rs 1,231.78 crore for Q2FY22 as compared Rs 664.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 3-fold jump in its net profit at Rs 410.28 crore for the quarter under review as compared to Rs 159.63 crore for the same quarter in the previous year. Total income of the company increased by 87.92% at Rs 2,515.02 crore for Q2FY22 as compared Rs 1,338.34 crore for the corresponding quarter previous year.

Shyam Metalics&Ener Share Price

903.70 21.05 (2.38%)
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