Shyam Metalics and Energy has reported results for first quarter ended June 30, 2022.
The company has reported a fall of 34.07% in its net profit at Rs 148.27 crore for the quarter under review as compared to Rs 224.88 crore for the same quarter in the previous year. However, total income of the company increased by 22.77% at Rs 1,458.16 crore for Q1FY23 as compared Rs 1,187.68 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 9.64% in its net profit at Rs 413.85 crore for the quarter under review as compared to Rs 458.01 crore for the same quarter in the previous year. However, total income of the company increased by 31.23% at Rs 3,245.13 crore for Q1FY23 as compared Rs 2,472.81 crore for the corresponding quarter previous year.