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Kalyani Steels Q4 Results: Stock jumps 10% after profit, margins grow; board approves 200% dividendKalyani Steels' Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at ₹114.25 crore, a growth of 27% from the March quarter in financial year 2024.By Nigel D'Souza    | Hormaz Fatakia   May 5, 2025, 3:10:11 PM IST (Updated)1 Min ReadShares of Kalyani Steels Company Ltd. surged as much as 10% on Monday, May 5, after the company reported its results for the January-March quarter, which were higher on a year-on-year basis on all parameters.

Net profit for the quarter increased by 27% from the same quarter last year to ₹79.2 crore. The rise in profitability for the company was despite a 5% decline in the company's other income.

Revenue for the period increased by 8% from the year-ago quarter to ₹544.3 crore.

Kalyani Steels' Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at ₹114.25 crore, a growth of 27% from the March quarter in financial year 2024.

EBITDA margin for the period expanded by 300 basis points to 21% from 17.9% during the same quarter last year. Margins expanded despite a 33% jump in other expenses.

Kalyani Steels' board has also approved an interim dividend of ₹10 per share, or 200% on the face value of ₹5 each. This will be subject to approval of shareholders at the ensuing Annual General Meeting (AGM) of the company.

Shares of Kalyani Steels are trading 8.3% higher at ₹755. Despite this move, the stock is still down 35% so far in 2025.Continue ReadingFirst Published: May 5, 2025 2:28 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsKalyani SteelKalyani Steelsshare market today