Shyam Metalics and Energy has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The company has reported 10.32% fall in its net profit at Rs 110.31 crore for the quarter under review as compared to Rs 123.01 crore for the same quarter in the previous year. Total income of the company decreased by 1.17% at Rs 1,795.61 crore for Q4FY24 as compared Rs 1,816.78 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 13.40% fall in its net profit at Rs 219.94 crore for fourth quarter ended March 31, 2024 as compared to Rs 253.96 crore for the same quarter in the previous year. However, total income of the company increased by 5.97% at Rs 3657.24 crore for Q4FY24 as compared Rs 3451.29 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 17.51% rise in net profit at Rs 351.40 crore as compared to Rs 299.03 crore for the previous year. Total income of the company increased by 7.05% at Rs 6,764.85 crore for year under review as compared to Rs 6319.29 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 22% rise in its net profit at Rs 1029.00 crore as compared to Rs 843.49 crore for the previous year. Total income of the company increased by 4.64% at Rs 13,354.20 crore for year under review as compared to Rs 12,762.54 crore for year ended March 31, 2023.
