Rathi Steel and Power Q2 Results Net profit grows to Rs 7 crore

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Rathi Steel and Power Ltd (RSPL) connected Thursday posted a multifold emergence successful nett net to Rs 6.94 crore successful the September quarter, helped by reduced expenses.

It had reported a Rs 1.79 crore nett net successful the July-September play of 2023-24, the institution said successful an speech filing.

However, the company's full income fell to Rs 121.84 crore from Rs 148.94 crore successful the year-ago quarter. Total expenses reduced to Rs 119.61 crore from Rs 147.15 crore successful the 2nd 4th past fiscal year.

Rathi Steel and Power Ltd owns and operates a 2 lakh tonnes alloy works successful Uttar Pradesh.

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