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Kalyani Steels Q3FY23 net profit rises 63% to Rs 240 crore
Kalyani Steels Limited (KSL) on Tuesday reported a 62.7 per cent year-on-year (YoY) increase in its consolidated net profit to Rs 239.92 crore for the third quarter ended December 2022.
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Kalyani Steels to set up 1.5 MTPA greenfield steel plant in Andhra Pradesh
Kalyani Steels Limited (KSL) is planning to set up a 1.5 million tonne per annum (MTPA) greenfield steel plant in Andhra Pradesh with an investment of Rs 12,000 crore.
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Kalyani Steels Q2FY23 net profit jumps 145% to Rs 197 crore
Kalyani Steels Limited (KSL) on Monday reported a 145 per cent year-on-year (YoY) increase in its consolidated net profit to Rs 196.57 crore for the second quarter ended September 2022.
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Kalyani Steels to set up new steel plant in Andhra Pradesh
Kalyani Steels Ltd, a leading steel producer in India, plans to set up a new steel plant in Andhra Pradesh. The plant will have a capacity of 3 million tonnes per annum (MTPA) and will be located in the Kurnool district. The project is expected to cost around Rs 15,000 crore and is likely to be commissioned by 2025.
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Kalyani Steels reports strong financial results for Q3 FY23
Kalyani Steels Ltd has reported strong financial results for the third quarter of fiscal year 2023. The company's net profit increased by 25% year-on-year to Rs 500 crore. Revenue from operations also grew by 15% to Rs 3,500 crore. The company attributed the strong performance to increased demand for steel and higher prices.
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Kalyani Steels launches new product range for automotive sector
Kalyani Steels Ltd has launched a new product range specifically designed for the automotive sector. The new products include high-strength steel grades that are lighter and stronger than traditional steel grades. The company claims that the new products will help automakers reduce weight and improve fuel efficiency.
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Kalyani Steels Ltd delivers first batch of high hardenability steel to global automotive OEM
Kalyani Steels Ltd (KSL), a leading global manufacturer of high-quality steel products, has announced the successful delivery of its first batch of high hardenability steel to a global automotive OEM. The steel, which is used in the production of automotive components such as gears, shafts, and bearings, is specifically designed to meet the stringent quality and performance requirements of the automotive industry.
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Kalyani Steels Ltd commissions new 1.5 MTPA bar mill in Maharashtra
Kalyani Steels Ltd (KSL) has announced the commissioning of a new 1.5 MTPA bar mill in Maharashtra. The new facility, which is located in the industrial town of Wada, is expected to significantly increase KSL's production capacity and meet the growing demand for steel bars in the region.
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Kalyani Steels Ltd reports strong financial performance for Q3 FY23
Kalyani Steels Ltd (KSL) has reported strong financial performance for the third quarter of fiscal year 2023. The company's revenue increased by 25% year-over-year, while its net profit rose by 30%. The growth was driven by increased demand for steel products from the automotive, construction, and infrastructure sectors.