Panchmahal Steel Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported sales was INR 984.99 million compared to INR 1,298.89 million a year ago. Revenue was INR 995.73 million compared to INR 1,300.51 million a year ago.

Net income was INR 24.45 million compared to INR 10.76 million a year ago. Basic earnings per share from continuing operations was INR 1.28 compared to INR 0.56 a year ago. Diluted earnings per share from continuing operations was INR 1.28 compared to INR 0.56 a year ago.