Prakash Industries Ltd Share Price – NSE /  BSE

Steel, Small Cap

Net profit of Prakash Industries rose 1.21% to Rs 90.49 crore in the quarter ended June 2024 as against Rs 89.41 crore during the previous quarter ended June 2023. Sales rose 15.16% to Rs 1166.86 crore in the quarter ended June 2024 as against Rs 1013.28 crore during the previous quarter ended June 2023.

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Prakash Industries will hold a meeting of the Board of Directors of the Company on 12 August 2024.

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Net profit of Prakash Industries rose 53.16% to Rs 88.77 crore in the quarter ended March 2024 as against Rs 57.96 crore during the previous quarter ended March 2023. Sales declined 11.88% to Rs 890.44 crore in the quarter ended March 2024 as against Rs 1010.54 crore during the previous quarter ended March 2023.

For the full year,net profit rose 82.79% to Rs 348.17 crore in the year ended March 2024 as against Rs 190.48 crore during the previous year ended March 2023. Sales rose 6.80% to Rs 3677.77 crore in the year ended March 2024 as against Rs 3443.75 crore during the previous year ended March 2023.

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Prakash Industries announced that the Board of Directors of the Company at its meeting held on 17 May 2024, has recommended a Final dividend of Rs.1.20 per share (i.e.12%), subject to the approval of the shareholders.

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