Aditya Ultra Steel to set up 5 MW solar plant; posts Rs 5.87 crore profit for April-September

Published On : 2024-11-16T21:13:23+0530 [ IST ] | Author : Mayur_Tembhare
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New Delhi:Rolled steel productsmanufacturerAditya Ultra SteelLtd has reported a net profit of Rs 5.87 crore for the April-September period 2024-25 and also announced setting up a5 MW solar plant at Rajkot in Gujarat.

The rolled steel products maker which sells products under the Kamdhenu brand listed on the NSE SME platform in September following its around Rs 46 crore IPO. The company had reported revenue of 587.80 crore in FY24 while profit was 7.69 crore

Aditya Ultra Steel Ltd Managing Director Sunny Sunil Singhi said the company is setting up a 15-crore solar power plant with a capacity of 5,000 KWP in Jasdan Rajkot to meet its energy needs and enhance sustainability.

The company is set to embark on a major expansion initiative aimed at increasing production capacity, improving operational efficiency and advancingsustainable practices he said.

Source : Reporters From Sunrise Chronicles

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