Chennai Ferrous Industries Ltd Share Price – BSE

Trading, Small Cap

Net profit of Chennai Ferrous Industries reported to Rs 0.50 crore in the quarter ended March 2024 as against net loss of Rs 1.10 crore during the previous quarter ended March 2023. Sales declined 39.76% to Rs 19.56 crore in the quarter ended March 2024 as against Rs 32.47 crore during the previous quarter ended March 2023.

For the full year,net profit declined 15.20% to Rs 2.79 crore in the year ended March 2024 as against Rs 3.29 crore during the previous year ended March 2023. Sales declined 1.79% to Rs 136.42 crore in the year ended March 2024 as against Rs 138.90 crore during the previous year ended March 2023.

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Chennai Ferrous Industries will hold a meeting of the Board of Directors of the Company on 16 May 2024.

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Net profit of Chennai Ferrous Industries rose 111.43% to Rs 0.74 crore in the quarter ended December 2023 as against Rs 0.35 crore during the previous quarter ended December 2022. Sales declined 51.90% to Rs 19.33 crore in the quarter ended December 2023 as against Rs 40.19 crore during the previous quarter ended December 2022.

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Chennai Ferrous Industries will hold a meeting of the Board of Directors of the Company on 30 January 2024.

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