Iron & Steel Products company Prakash Industries announced FY24 results: During the year, the Company has achieved Net Sales of Rs 3,678 crore and EBITDA of Rs 556 crore, reflecting growth of 7% and 31 % respectively over the previous financial year. Profit after Tax for the year also grew by 83% to Rs 348 crore. EBITDA for the year includes profit of Rs 37 crore from sale of some assets. Further, during FY24, the Company has achieved sales volume growth of 20% over the last financial year. The operating margin also grew from 12.0% to 13.4% owing to softening of raw material prices and operational efficiencies. Keeping in view the strong financial results, the Board of Directors of the Company recommends a dividend of Rs 1.20 per Equity Share of Rs 10 each. Result PDF