Latest news with #KalyaniSteels
Business Standard
05-05-2025
- Business
- Business Standard
Kalyani Steels standalone net profit rises 26.75% in the March 2025 quarter
Sales rise 8.25% to Rs 544.33 crore Net profit of Kalyani Steels rose 26.75% to Rs 79.28 crore in the quarter ended March 2025 as against Rs 62.55 crore during the previous quarter ended March 2024. Sales rose 8.25% to Rs 544.33 crore in the quarter ended March 2025 as against Rs 502.83 crore during the previous quarter ended March 2024. For the full year,net profit rose 2.25% to Rs 253.03 crore in the year ended March 2025 as against Rs 247.46 crore during the previous year ended March 2024. Sales rose 1.14% to Rs 1981.90 crore in the year ended March 2025 as against Rs 1959.49 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 544.33502.83 8 1981.901959.49 1 OPM % 21.0017.91 - 18.8218.94 - PBDT 122.9099.65 23 406.10393.43 3 PBT 107.1484.39 27 342.71332.68 3 NP 79.2862.55 27 253.03247.46 2
Business Standard
05-05-2025
- Business
- Business Standard
Kalyani Steels rises after Q4 PAT gains 27% YoY to Rs 79 cr; declares dividend of Rs 10/sh
Kalyani Steels jumped 8.08% to Rs 752 after it reported a standalone net profit advanced 26.75% to Rs 79.28 crore on an 8.25% rise in revenue from operations to Rs 544.33 crore in Q4 FY25 over Q4 FY24. Profit before tax (PBT) in Q4 FY25 stood at 107.14 crore, up by 26.96% from Rs 84.39 crore recorded in Q4 FY24. Total tax expenses during the period under review aggregated to Rs 27.86 crore, up 27.56% YoY. Total expenses for the quarter increased 4.28% YoY to Rs 449.94 crore. Among the cost components, other expenses rose sharply by 33.1% YoY to Rs 278.76 crore, outpacing the increase in raw material consumption costs (up 8.36% YoY) and employee benefit expenses (up 11.51% YoY). Meanwhile, the board has recommended a dividend of Rs 10 per equity share for FY25, subject to shareholder approval. Kalyani Steels is a part of Kalyani Group and is primarily engaged in the business of the manufacture and sale of iron and steel products.
Mint
05-05-2025
- Business
- Mint
Kalyani Steels Dividend: Multibagger small-cap stock jumps 9% after announcing 200% dividend, Q4 results
Multibagger small-cap stock: Kalyani Steels share price jumped over 9 per cent in Monday's trading session after the company financial results for the March quarter and announced 200 per cent dividend. At 1:55 pm, the multibagger small-cap stock Kalyani Steels touched an intraday high to ₹ 760.25 apiece on National Stock Exchange (NSE). In terms of year-to-date (YTD), the stock has descended over 35 per cent. The company's net profit for the quarter rose by 27 per cent year-on-year to ₹ 79.2 crore. Kalyani Steels reported an 8 per cent year-on-year increase in revenue for the period, reaching ₹ 544.3 crore. The company's EBITDA rose to ₹ 114.25 crore, marking a 27 per cent increase compared to the March quarter of FY24. EBITDA margin improved by 300 basis points, rising to 21 per cent from 17.9 per cent in the same quarter last year, even as other expenses surged by 33 per cent. In Q4 FY25, Profit Before Tax (PBT) reached ₹ 107.14 crore, marking a 26.96 per cent increase from ₹ 84.39 crore in Q4 FY24. Tax expenses for the quarter totaled ₹ 27.86 crore, reflecting a year-on-year rise of 27.56 per cent. Overall expenses for the quarter grew 4.28 per cent YoY to ₹ 449.94 crore. Notably, "other expenses" surged by 33.1 per cent YoY to ₹ 278.76 crore, significantly outpacing the increases in raw material consumption (up 8.36 per cent YoY) and employee benefit costs (up 11.51 per cent YoY). Additionally, the board has declared an interim dividend of ₹ 10 per share (equivalent to 200 per cent of the ₹ 5 face value), pending shareholder approval at the upcoming AGM. Kalyani Steels, a subsidiary of the Kalyani Group, is mainly involved in manufacturing and selling iron and steel products. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 5 May 2025, 03:08 PM IST
Business Upturn
05-05-2025
- Business
- Business Upturn
Kalyani Steels shares surge 8% as Q4 net profit jumps 27% YoY to Rs 79.28 crore, revenue up 8%
By Aman Shukla Published on May 5, 2025, 14:07 IST Kalyani Steels Ltd shares jumped 8% after the company reported robust standalone results for Q4 FY25. As of 2:04 PM, the shares were trading 7.46% higher at Rs 749.40. The steelmaker posted a 26.7% year-on-year increase in net profit, reaching ₹79.28 crore, compared to ₹62.55 crore in Q4 FY24. Revenue from operations grew to ₹544.33 crore in the March quarter, up from ₹502.83 crore a year ago. Total income stood at ₹557.08 crore, reflecting strong operational performance despite rising costs. Total expenses rose to ₹449.94 crore, mainly due to higher raw material and operating costs. However, the company managed to maintain healthy margins, reporting a profit before tax of ₹107.14 crore. For the full financial year FY25, Kalyani Steels reported a revenue of ₹1,981.90 crore and a net profit of ₹253.03 crore. This marks a modest rise from FY24's revenue of ₹1,959.49 crore and profit of ₹247.46 crore. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Hans India
25-04-2025
- Business
- Hans India
MB Patil Seeks Centre's Backing to Boost Logistics Infrastructure in Karnataka
Mumbai: Emphasising the urgent need to reduce steel logistics costs from the current 14% of GDP to a more competitive 8%, Karnataka's Minister for Large and Medium Industries, MB Patil, on Friday highlighted the state's proactive steps in promoting cluster-based development, integrated industrial corridors, and high-quality logistics infrastructure to support the steel sector and broader industrial growth. Addressing a Round Table discussion titled 'Focussing on the Steel Sector in the State of Karnataka' during the 6th edition of India Steel-25 — an International Conference-cum-Exhibition organised by the Ministry of Steel at the Bombay Exhibition Center — Patil noted that Karnataka's iron ore-rich regions of Ballari, Chitradurga, and Sandur form a critical backbone of India's metallurgical economy. The state contributes nearly 15% to the country's steel output and hosts major industry players like JSW Steel in Ballari, Kalyani Steels, Kirloskar Ferrous, and the Baldota Group. Patil urged the Central Government to extend its support towards strengthening Karnataka's industrial infrastructure across various modes of transport. He sought assistance in the development of sea ports and industrial clusters equipped with essential infrastructure such as transport networks and truck terminals. He underlined that Karnataka is progressing in the right direction with its logistics development plans. The proposed Hubballi-Ankola railway line and the ongoing upgrades to National Highways will significantly improve connectivity to the hinterlands, he said. The Minister also pointed out that the Multi-Modal Logistics Park in Bengaluru will facilitate seamless multimodal movement of bulk goods. Additionally, the growing steel export capacity at the New Mangaluru Port is proving critical for both domestic supply chains and global trade. He also highlighted the strategic importance of the Chennai-Bengaluru Industrial Corridor (CBIC) and the Bengaluru-Mumbai Economic Corridor (BMEC), which are enhancing industrial connectivity between southern and western India by linking key hubs to major ports and reducing logistics time. The Karnataka government, he affirmed, is committed to building a digitally empowered, multimodal, and sustainable logistics ecosystem for the steel sector — one that reduces costs, boosts exports, and improves ease of doing business. To realise this vision, the state is focusing on completing dedicated freight corridors, modernising ports, promoting inland waterways, and developing cluster-based logistics infrastructure. Strengthening public-private partnerships, streamlining approvals through single-window clearance systems, and expanding digital logistics platforms will also play a key role in shaping a future-ready logistics framework, Patil said. Ashwini Vaishnaw, Minister for Railways, was also present in the discussion.
