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Sunflag Iron & Steel Co. Ltd. Declares Dividend
The Board of Directors of Sunflag Iron & Steel Co. Ltd has declared an interim dividend of Rs. 1.50 per equity share of Rs. 10 each for the financial year 2022-23.
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Sunflag Iron & Steel Co. Ltd. Q3FY23 Results
Sunflag Iron & Steel Co. Ltd has reported a consolidated net profit of Rs. 122.65 crore for the quarter ended December 2022, as against a net profit of Rs. 102.43 crore in the corresponding quarter of the previous year.
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Sunflag Iron & Steel Co. Ltd. Launches New Product
Sunflag Iron & Steel Co. Ltd. has launched a new product, Sunflag TMT 500D, which is a high-strength, corrosion-resistant TMT bar.
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Sunflag Iron & Steel to set up a new steel plant in Odisha
The new plant will have a capacity of 1 million tonnes per annum (MTPA) and will be set up at an investment of Rs 5,000 crore.
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Sunflag Iron & Steel reports 20% growth in revenue in Q3 FY23
The company's revenue for the quarter ended December 2022 stood at Rs 1,500 crore, up 20% from the same period last year.
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Sunflag Iron & Steel to acquire controlling stake in Neelachal Ispat Nigam Limited
The acquisition will help Sunflag Iron & Steel to expand its presence in the eastern India market.
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Sunflag Iron & Steel Q3 Net Profit Rs. 290.50 Crore
Sunflag Iron & Steel posted a net profit of Rs. 290.50 crore in the quarter ended December 31, up 16% from Rs. 250.32 crore in the corresponding quarter last year.
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Sunflag Iron & Steel to Invest Rs. 100 Crore in Expansion
Sunflag Iron & Steel plans to invest Rs. 100 crore in expanding its production capacity at its plant in Durgapur, West Bengal.
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Sunflag Iron & Steel Appoints New CEO
Sunflag Iron & Steel has appointed Mr. Dilip Oommen as its new CEO, effective from March 1, 2023.