Sunflag Iron and Steel Reports Revenue Growth to ₹1,01,211.00 Lakhs in Q1
Sunflag Iron & Steel Company Limited announced improved financial results for Q1 ending June 30. Revenue from operations increased to ₹1,01,211.00 lakhs from ₹89,478.00 lakhs in the previous quarter. Net profit after tax rose to ₹4,274.00 lakhs from ₹4,214.00 lakhs. The company achieved an EPS of ₹2.37 and reported a significant increase in total comprehensive income to ₹78,041.00 lakhs. Key expenses included ₹57,460.00 lakhs for materials consumed and ₹3,741.00 lakhs for employee benefits.
Sunflag Iron & Steel Co. released Q4 financial results showing improved EBITDA and margins despite revenue decline. EBITDA increased to ₹1.00 billion, with margin rising to 11.37%. Net profit slightly increased year-over-year to ₹428.00 million but declined sequentially. Revenue fell to ₹8.80 billion from ₹9.20 billion year-over-year. The company recommended a dividend of ₹7.50 per equity share.
23Apr 25
Sunflag Iron and Steel Inks Long-Term Power Purchase Agreement, Invests in Solar Project
Sunflag Iron and Steel has entered a 25-year Power Purchase Agreement with Sunsure Solarpark Thirty Seven for an 11 MW AC/16.5 MWp DC solar project in Maharashtra. The company will invest ₹5.78 crore for a 26% stake in the power producer, aiming to maintain captive status and align with ESG goals.