The Revenue from Operations of the company for the quarter has increased by 23% to Rs.1 ,394.80 crore from Rs. 1,136.21 crore.
Profit after tax (PAT) stands at Rs. 25.15 crore from Rs.23.54 crore, an increase of 7% over the corresponding period of last year.
The company has registered strong growth in Steel Pipes & Strips division and LED Lighting segment. The interest cost remains stable at Rs. 27.26 crore as compared to Rs. 26.14 crore in corresponding quarter of last year in-spite of increase in steel prices and rising interest rates in India.
The Revenue from Operations (net of taxes) of the company for the first half grew by 22% to Rs.2,665.27 crore from Rs. 2,192.51 crore.
Profit after tax (PAT) stands at Rs. 45 .67 crore from Rs.40.00 crore, an increase of 14% over the corresponding period of last year.