Shah Metacorp Ltd Net Profit jump to Rs 23.27 Crore in Q1FY25
Jul 30, 2024
Ahmedabad (Gujarat) [India], July 30: Shah Metacorp Ltd (formerly known as Gyscoal Alloys Ltd) has reported net profit of Rs 23.27 crore for the first quarter of FY2024-25 ended June 2024 as compared to the net profit of Rs 1.25 crore in the corresponding period last year - nearly 20 fold growt. Total revenue during Q1FY25 was reported at Rs 44.91 crore as compared to the total revenue of Rs 19.24 crore in the corresponding period last year - rise of 133 per cent. Profit Before tax for Q1FY25 was reported at Rs 27.39 crore as compared to Profit before tax of Rs 1.28 crore in Q1FY24. The Company has fully repaid all financial liabilities to banks and financial institutions, making it debt-free.
