Last 27.25 INR
Change Today 0.00 / 0.00%
Volume 0.0
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As of 5:00 AM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

inducto steel ltd (INDST) Snapshot

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08/11/14 - 43.05
52 Week Low
11/20/14 - 23.05
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inducto steel ltd (INDST) Details

Inducto Steel Limited operates in the ship breaking/recycling business in India. The company operates through Ship Breaking and Trading segments. The Ship Breaking segment is engaged in dismantling/breaking of old and used ships. The Trading segment trades ferrous and non ferrous metals, coal, etc. The company was incorporated in 1988 and is based in Mumbai, India.

Founded in 1988

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inducto steel ltd (INDST) Key Developments

Inducto Steel Ltd. Reports Unaudited Standalone Earnings Results for the Second Quarter and Half Year Ended September 30, 2014

Inducto Steel Ltd. reported unaudited standalone earnings results for the second quarter and half year ended September 30, 2014. For the quarter, the company reported gross sales/income from operations of INR 278.071 million against INR 1,208.885 million a year ago. Loss before taxes was INR 24.597 million against INR 1.443 million a year ago. Net loss was INR 16.948 million or INR 4.22 per basic and diluted share against profit of INR 1.257 million or INR 0.31 per basic and diluted share a year ago. For the half year, the company reported gross sales/income from operations of INR 431.217 million against INR 2,231.542 million a year ago. Profit before taxes was INR 19.474 million against INR 19.235 million a year ago. Net profit was INR 13.141 million or INR 3.27 per basic and diluted share against INR 12.697 million or INR 3.16 per basic and diluted share a year ago.

Inducto Steel Ltd., Board Meeting, Nov 14, 2014

Inducto Steel Ltd., Board Meeting, Nov 14, 2014. Agenda: To consider the quarterly results.

Inducto Steel Ltd. Approves Adoption of New Set of Article of Association

Inducto Steel Ltd. announced at the annual general meeting held on September 30, 2014 approved adoption of new set of article of association of the company in conformity with the companies act, 2013.


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