ADITYA ULTRA STEEL POSTS 5.2 CRORE PROFIT
The Business Guardian|November 19, 2024
Aditya Ultra Steel Ltd (NSE - AUSL) - Leading company engaged in the business of manufacturing rolled steel products i.e. TMT bars under the brand name 'Kamdhenu' has reported excellent operational and financial performance for the H1FY25 ended September 2024.
ADITYA ULTRA STEEL POSTS 5.2 CRORE PROFIT

Company was listed on the NSE-SME exchange on 16th September 2024 and reported its first half-year results after listing.

Highlights:

Setting up 5,000 KWP solar power plant at Jasdan, Rajkot investing Rs. 15.35 crore to meet energy needs

CRISIL recently assigned BBB/Stable for Long Term Rating and CRISIL A3+ for Short Term

For FY24, company reported Revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and PAT of Rs. 7.69 crore

In the six months of FY 2024-25, company continued its trajectory of robust growth, reporting significant improvement across key financial metrics. Company reported Revenue of Rs. 312.39 crore, EBITDA of Rs. 10.50 crore and reported net profit of Rs. 5.20 crore for the H1FY25. For the full year ended March 2024, company had reported revenue of Rs. 587.80 crore, EBITDA of Rs. 18.81 crore and Net Profit of Rs. 7.69 crore respectively.

This story is from the November 19, 2024 edition of The Business Guardian.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the November 19, 2024 edition of The Business Guardian.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE BUSINESS GUARDIANView All
CJI PERMITS VIRTUAL HEARINGS, RULES OUT FULL ONLINE SHIFT
The Business Guardian

CJI PERMITS VIRTUAL HEARINGS, RULES OUT FULL ONLINE SHIFT

However, CJI did not allow top court to go fully online, affirms lawyers' option to appear virtually.

time-read
2 mins  |
November 20, 2024
At 78.67 lakh, Metro records highesther dailyltidership
The Business Guardian

At 78.67 lakh, Metro records highesther dailyltidership

Metro recorded its highest-ever daily ridership, with an impressive 78.67 lakh passenger journeys, according to official data. This surpassed the previous record of 77.49 lakh passengers set on August 20 of this year.

time-read
1 min  |
November 20, 2024
BJP youth wing stages protest
The Business Guardian

BJP youth wing stages protest

The BJP Youth Wing held a protest at Anand Vihar Chowk, near Delhi's border, to highlight the alarming pollution levels in the capital.

time-read
1 min  |
November 20, 2024
Gopal Rai seeks PM's help on pollution
The Business Guardian

Gopal Rai seeks PM's help on pollution

The AAP government in Delhi has urged the Prime Minister to expedite the process of implementing artificial rain in the capital.

time-read
2 mins  |
November 20, 2024
SC dismisses bail petition after adjournment sought for 4th time
The Business Guardian

SC dismisses bail petition after adjournment sought for 4th time

The Supreme Court in the case Nilesh Dnyaneshwar Desale Versus The State Of Maharashtra observed and has dismissed the petition filed seeking bail after adjournment was sought on the fourth occasion.

time-read
2 mins  |
November 20, 2024
RAJASTHAN HIGH COURT IMPLEADS THEN JODHPUR COLLECTOR, SDO, TEHSILDAR IN ENCROACHMENT CASE; WARNS OF JAIL SENTENCE IF ORDERS ARE NOT FOLLOWED
The Business Guardian

RAJASTHAN HIGH COURT IMPLEADS THEN JODHPUR COLLECTOR, SDO, TEHSILDAR IN ENCROACHMENT CASE; WARNS OF JAIL SENTENCE IF ORDERS ARE NOT FOLLOWED

The Jodhpur bench of Rajasthan High Court in the case Mahesh Kumar Pal v Mr. T. Ravikanth & Ors observed and has directed the petitioner to implead the then concerned Collector, Subdivisional Officer and Tehsildar to seek their stand, warning them of punishment which includes \"jail sentence\" if they don't pay heed to court orders.

time-read
2 mins  |
November 20, 2024
Delhi air pollution: Supreme Court advises use of masks amid *severe*, air quality In Delhi-NCR
The Business Guardian

Delhi air pollution: Supreme Court advises use of masks amid *severe*, air quality In Delhi-NCR

The Supreme Court in the case has issued strict adherence to preventive health measures, which includes wearing masks, as air quality in Delhi-NCR continues to deteriorate.

time-read
1 min  |
November 20, 2024
SC: Labour Court's factual finding should not be disturbed by Writ Court without a compelling reason
The Business Guardian

SC: Labour Court's factual finding should not be disturbed by Writ Court without a compelling reason

The Supreme Court in the case Ganapati Bhikarao Naik Versus Nuclear Power Corporation Of India Limited observed that the factual findings of a Labour Court should not be normally disturbed by a Writ Court without a compelling reason.

time-read
2 mins  |
November 20, 2024
CASTE CENSUS: BRIDGING INEQUALITY OR DIVIDING INDIA?
The Business Guardian

CASTE CENSUS: BRIDGING INEQUALITY OR DIVIDING INDIA?

The concept of a caste census is not new. Historically, the idea of enumerating castes has been intertwined with India's governance and social structures.

time-read
3 mins  |
November 20, 2024
Calcutta High Court: Govt office is public property, any political party ransacking it must be appropriately charged
The Business Guardian

Calcutta High Court: Govt office is public property, any political party ransacking it must be appropriately charged

The Calcutta High Court in the case Amiruddin Versus The State Of West Bengal And Ors observed and took a strong objection wherein the petition is filed highlighting the alleged ransacking of a panchayat office by workers of a certain political party.

time-read
1 min  |
November 20, 2024