Shyam Metalics has cash worth Rs 778 crore on its books.
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Consolidated revenue for the quarter crossed Rs 3,000 crore, while net profit fell over 70 percent compared to the same period last year.
The company’s earnings per share (EPS) was Rs 4.35 at the end of the September 2022 quarter compared with Rs 16.32 at the end of September 2021 quarter.
Shares of Shyam Metalics are trading 2.5 percent lower at Rs 299.30. Over the last 12 months, the stock has declined nearly 15 percent compared to a flat performance by the benchmark Sensex index.