
Monthly Update9 Jul 2024, 03:55 pm
Shyam Metalics and Energy Ltd: Stainless Steel Sales Up by 100.69% YoY, Aluminium Foil Sales Down by 6.29% YoY
AI Summary
Shyam Metalics and Energy Ltd has announced its sales release for the month ended 30th June, 2024. The company reported an increase of 100.69% in sales volumes of Stainless Steel on a YoY basis, along with a 44.03% increase in realisations. However, for Aluminium Foil, there was a decrease of 6.29% in sales volumes and a 5.60% increase in realisations. The performance in the quarter showed an increase of 14.59% in terms of volumes and 6.49% in realisations for Stainless Steel, while Aluminium Foil had a decrease of 42.87% in volumes and remained almost stagnant in realisations.
Key Highlights
- Stainless Steel sales volumes increased by 100.69% YoY
- Stainless Steel realisations increased by 44.03% YoY
- Aluminium Foil sales volumes decreased by 6.29% YoY
- Aluminium Foil realisations increased by 5.60% YoY
- Quarterly performance of Stainless Steel improved by 14.59% in terms of volumes and 6.49% in realisations
- Aluminium Foil volumes decreased by 42.87% MoM and realisations remained stagnant