Net profit of ISMT declined 28.37% to Rs 29.13 crore in the quarter ended June 2024 as against Rs 40.67 crore during the previous quarter ended June 2023. Sales declined 11.60% to Rs 575.07 crore in the quarter ended June 2024 as against Rs 650.51 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales575.07650.51 -12 OPM %10.8612.28 - PBDT62.3479.40 -21 PBT43.1466.67 -35 NP29.1340.67 -28 Powered by Capital Market - Live News

Net profit of ISMT rose 133.05% to Rs 19.53 crore in the quarter ended March 2024 as against Rs 8.38 crore during the previous quarter ended March 2023. Sales declined 8.28% to Rs 588.00 crore in the quarter ended March 2024 as against Rs 641.08 crore during the previous quarter ended March 2023.For the full year,net profit rose 97.91% to Rs 173.63 crore in the year ended March 2024 as against Rs 87.73 crore during the previous year ended March 2023. Sales rose 2.34% to Rs 2611.96 crore in the year ended March 2024 as against Rs 2552.19 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales588.00641.08 -8 2611.962552.19 2 OPM %11.209.89 -14.308.51 - PBDT65.5569.27 -5 376.85213.60 76 PBT36.5051.62 -29 289.46155.02 87 NP19.538.38 133 173.6387.73 98 Powered by Capital Market - Live News

ISMT will hold a meeting of the Board of Directors of the Company on 10 May 2024.Powered by Capital Market - Live News

ISMT has received two contracts from Oil & Natural Gas Corpn for supply of regular casing pipes. The contracts are valued at an aggregate Rs 343.72 crore. Powered by Capital Market - Live News

ISMT announced that the Board of Directors of the Company at its meeting held on 7 March 2024, inter alia, have recommended the interim dividend of Rs 0.5 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live News