Hot Pursuit     15-Apr-24
ISMT jumps on bagging orders from ONGC worth Rs 343 cr
Indian Seamless Metal Tubes (ISMT) rallied 3.06% to Rs 99.25 after the company received two contracts from Oil and Natural Gas Corporation worth Rs 343.72 crore.
The scope of order includes supply of regular casing pipes as per specifications given in both the contracts.

The time period for the completion of the projects is from 11 April 2024 to 13 February 2025.

ISMT is mainly engaged in manufacturing of seamless tubes and engineering steels.

The company’s consolidated net profit jumped 114.02% to Rs 61.96 crore on 7.39% increase in revenue from operations to Rs 635.28 crore in Q3 FY24 over Q3 FY23.

Previous News
  ISMT fixes record date for interim dividend
 ( Market Beat - Reports 07-Mar-24   19:01 )
  ISMT reports consolidated net profit of Rs 20.10 crore in the June 2022 quarter
 ( Results - Announcements 29-Jul-22   16:09 )
  ISMT reports standalone net loss of Rs 45.11 crore in the December 2018 quarter
 ( Results - Announcements 16-Feb-19   13:32 )
  ISMT schedules board meeting
 ( Corporate News - 07-Nov-20   17:47 )
  ISMT to convene board meeting
 ( Corporate News - 09-Aug-21   15:04 )
  ISMT Ltd leads losers in 'B' group
 ( Hot Pursuit - 07-Nov-22   14:45 )
  ISMT net profit rises 36.21% in the September 2010 quarter
 ( Results - Announcements 15-Nov-10   19:09 )
  ISMT reports standalone net loss of Rs 101.51 crore in the March 2016 quarter
 ( Results - Announcements 29-May-16   15:35 )
  ISMT to convene EGM
 ( Corporate News - 16-Jul-21   12:03 )
  ISMT reports standalone net loss of Rs 26.95 crore in the March 2015 quarter
 ( Results - Announcements 30-May-15   18:12 )
  ISMT reports net loss of Rs 15.59 crore in the June 2012 quarter
 ( Results - Announcements 10-Aug-12   16:09 )
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