Pradeep Metals Limited announces results for the second quarter and six months ended September 30, 2023 – November 4, 2023 at 2:43 PM

Pradeep Metals Limited has announced results for the second quarter and six months ended September 30, 2023. In the second quarter, the company posted revenue of INR 700.1 million, up from INR 727.6 million a year ago. Revenue was INR 709 million compared to INR 733.1 million a year ago. Net profit stood at INR 55.8 million as against INR 82.4 million a year ago. Core earnings per share from continuing operations stood at INR 3.23 as against INR 4.77 a year ago. Diluted earnings per share from continuing operations stood at INR 3.23 as compared to INR 4.77 a year ago.
During the six months, revenue stood at INR 1,294.4 million, compared to INR 1,375.9 million a year ago. Revenue stood at 1,314.5 million as compared to INR 1,384.4 million a year ago. Net profit stood at INR 76 million as against INR 149.2 million a year ago. Core earnings per share from continuing operations stood at INR 4.4 as against INR 8.63 a year ago. Diluted earnings per share from continuing operations stood at INR 4.4 as compared to INR 8.63 a year ago.