Kalyani Steels Ltd Share Price – NSE  /  BSE

Steel, Small Cap

Kalyani Steels announced that the 51th Annual General Meeting (AGM) of the company will be held on 22 August 2024.

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Kalyani Steels announced the resignation of S.M. Kheny, Non-Executive Non-Independent Director of the Company (DIN 01487360), with effect from the close of business hours on 15 July 2024.

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Kalyani Steels announced that the Board of Directors of the Company at its meeting held on 10 May 2024, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

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Net profit of Kalyani Steels declined 10.26% to Rs 62.55 crore in the quarter ended March 2024 as against Rs 69.70 crore during the previous quarter ended March 2023. Sales rose 9.41% to Rs 502.83 crore in the quarter ended March 2024 as against Rs 459.58 crore during the previous quarter ended March 2023.

For the full year,net profit rose 48.15% to Rs 247.46 crore in the year ended March 2024 as against Rs 167.03 crore during the previous year ended March 2023. Sales rose 3.17% to Rs 1959.49 crore in the year ended March 2024 as against Rs 1899.35 crore during the previous year ended March 2023.

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