Net profit of Alicon Castalloy rose 111.75% to Rs 20.54 crore in the quarter ended March 2024 as against Rs 9.70 crore during the previous quarter ended March 2023. Sales rose 31.34% to Rs 419.30 crore in the quarter ended March 2024 as against Rs 319.25 crore during the previous quarter ended March 2023.For the full year,net profit rose 19.18% to Rs 61.28 crore in the year ended March 2024 as against Rs 51.42 crore during the previous year ended March 2023. Sales rose 11.29% to Rs 1559.37 crore in the year ended March 2024 as against Rs 1401.16 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales419.30319.25 31 1559.371401.16 11 OPM %13.749.94 -12.5210.95 - PBDT48.2424.58 96 158.42125.67 26 PBT27.397.89 247 80.9062.12 30 NP20.549.70 112 61.2851.42 19 Powered by Capital Market - Live News

Alicon Castalloy announced that the Board of Directors of the Company at its meeting held on 16 May 2024, inter alia, have recommended the dividend of Rs 3 per equity Share (i.e. 60%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Alicon Castalloy will hold a meeting of the Board of Directors of the Company on 16 May 2024Powered by Capital Market - Live News

Net profit of Alicon Castalloy rose 7.24% to Rs 16.74 crore in the quarter ended December 2023 as against Rs 15.61 crore during the previous quarter ended December 2022. Sales rose 12.08% to Rs 404.97 crore in the quarter ended December 2023 as against Rs 361.31 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales404.97361.31 12 OPM %12.8911.52 - PBDT42.7434.09 25 PBT22.6217.81 27 NP16.7415.61 7 Powered by Capital Market - Live News

Alicon Castalloy has entered into an agreement with Radiance MH Sunrise Eight and Radiance Renewables for subscribing 10.40% of the equity capital of Radiance MH Sunrise Eight, The Company has also entered into Power Purchase Agreement with the Radiance MH Sunrise Eight for purchase of solar power on captive consumption at the Company`s Shikrapur Plant in Pune. Radiance MH Sunrise Eight is a subsidiary of Radiance Renewables, formed for the purpose of generation and supply of solar power. Powered by Capital Market - Live News