Kalyani Steels is primarily engaged in the business of manufacture and sale of iron and steel products. The company is an integrated manufacturer of diverse range of steel products with its manufacturing facility located at Hospet works in Karnataka.
The company’s consolidated net profit fell 8% to Rs 69.64 crore in Q2 FY24 as compared with Rs 75.69 crore in Q2 FY23. Net sales jumped 19% YoY to Rs 448.80 in Q2 FY24.
The scrip shed 0.72% to Rs 433 on the BSE.
