Electrosteel Castings will hold a meeting of the Board of Directors of the Company on 13 May 2024Powered by Capital Market - Live News

Electrosteel Castings announced that the Board of Directors of the Company at its meeting held on 8 February 2024, inter alia, have recommended the interim dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Electrosteel Castings rose 235.80% to Rs 263.37 crore in the quarter ended December 2023 as against Rs 78.43 crore during the previous quarter ended December 2022. Sales rose 0.95% to Rs 1869.38 crore in the quarter ended December 2023 as against Rs 1851.86 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1869.381851.86 1 OPM %21.7410.12 - PBDT376.08125.49 200 PBT346.4995.28 264 NP263.3778.43 236 Powered by Capital Market - Live News

Electrosteel Castings will hold a meeting of the Board of Directors of the Company on 8 February 2024.Powered by Capital Market - Live News

The Board of Electrosteel Castings at its meeting held on 24 January 2024 has approved the allotment of 2,35,79,344 equity shares of Re 1 each on conversion of equal number of warrants. Consequently, the paid up equity share capital has increased to Rs. 61,81,84,591/- consisting of 61,81,84,591 equity shares of Re. 1/- each.Powered by Capital Market - Live News