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ADITYA ULTRA STEEL POSTS 5.2 CRORE PROFIT
The Business Guardian
|November 19, 2024
Aditya Ultra Steel Ltd (NSE - AUSL) - Leading company engaged in the business of manufacturing rolled steel products i.e. TMT bars under the brand name 'Kamdhenu' has reported excellent operational and financial performance for the H1FY25 ended September 2024.
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Company was listed on the NSE-SME exchange on 16th September 2024 and reported its first half-year results after listing.
Highlights:
Setting up 5,000 KWP solar power plant at Jasdan, Rajkot investing Rs. 15.35 crore to meet energy needs
CRISIL recently assigned BBB/Stable for Long Term Rating and CRISIL A3+ for Short Term
For FY24, company reported Revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and PAT of Rs. 7.69 crore
In the six months of FY 2024-25, company continued its trajectory of robust growth, reporting significant improvement across key financial metrics. Company reported Revenue of Rs. 312.39 crore, EBITDA of Rs. 10.50 crore and reported net profit of Rs. 5.20 crore for the H1FY25. For the full year ended March 2024, company had reported revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and Net Profit of Rs. 7.69 crore respectively.
This story is from the November 19, 2024 edition of The Business Guardian.
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