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Shyam Metalics and Energy LimitedImportant, 22-07-2025: General Updates

22-07-2025 | 03:43 pm

Shyam Metalics' board has approved strong Q1 financial results. Consolidated revenue from operations jumped to ₹ 4,418.84 Cr, with profit after tax rising to ₹ 292.15 Cr. The company's strategic financial moves include a significant fund-raising plan of up to ₹ 4,500 Cr via equity or equity-linked instruments, and up to ₹ 3,000 Cr through Non-Convertible Debentures. This substantial capital infusion signals ambitious growth plans. Additionally, shareholders will receive an interim dividend of ₹ 1.80 per equity share.

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