35-year steel manufacturer Maiden Forgings reports 7.30% YoY income growth to Rs 237.31 Cr in FY24, with EBITDA at Rs 24.
Maiden Forgings Limited, a leading steel bar and wire manufacturer for 35 years, reported a total income of Rs 237.31 Cr in FY24, representing a 7.30% YoY growth. EBITDA reached Rs 24.07 Cr with a 7.90% YoY growth, and EBITDA margin increased by 6 Bps to 10.14%. Despite challenges from low steel prices, the company's strong volume growth demonstrates resilience and market strength.
June 01, 2024
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