Electrosteel Castings is engaged in the business of manufacturing ductile iron (DI) pipes, ductile iron fittings (DIF) and cast iron(CI) pipes.
On a consolidated basis, the company's net profit zoomed 230.3% to Rs 1,74.57 crore on 7.6% advance in net sales to Rs 1,919.34 crore in Q2 FY24 over Q2 FY23.
The scrip declined 2.66% to end at Rs 106.56 Friday, 17 November 2023.