{"id":32623,"date":"2024-11-06T13:35:26","date_gmt":"2024-11-06T08:05:26","guid":{"rendered":"https:\/\/sattaexpress.co.in\/index.php\/2024\/11\/06\/shera-energy-reports-57-surge-in-pat-for-h1-fy25\/"},"modified":"2024-11-06T13:35:26","modified_gmt":"2024-11-06T08:05:26","slug":"shera-energy-reports-57-surge-in-pat-for-h1-fy25","status":"publish","type":"post","link":"https:\/\/sattaexpress.co.in\/index.php\/2024\/11\/06\/shera-energy-reports-57-surge-in-pat-for-h1-fy25\/","title":{"rendered":"Shera Energy Reports 57% Surge in PAT for H1 FY25"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India] November 6: <\/strong>Shera Energy Limited(NSE \u2013 SHERA),\u00a0engaged in the business of manufacturing winding wires and strips made of non-ferrous metals,\u00a0<a name=\"_Hlk79675762\"><\/a>announced<strong>\u00a0<\/strong>its Unaudited Financial Results for\u00a0H1 FY25.<\/p>\n<p><strong>Key Consolidated Financial Highlights\u00a0<\/strong><strong>H1 FY25<\/strong><\/p>\n<ul>\n<li>Total Income of Rs 601.87 Cr, YoY growth of 56.57%<\/li>\n<li>EBITDA of Rs 29.11 Cr, YoY growth of 15.12%<\/li>\n<li>PBT of Rs 13.03 Cr, YoY growth of 50.88%<\/li>\n<li>PAT of Rs 9.67 Cr, YoY growth of 57.37%<\/li>\n<li>EPS of Rs 3.32, YoY growth of 48.21%<\/li>\n<\/ul>\n<p>Commenting on the performance, Mr. Naseem Shaikh, Chairman and Managing Director, Shera Energy Limited said, \u201cAt Shera Energy, the first half of FY25 has been marked by remarkable achievements, including highest-ever turnover, securing our first African export order in Zambia, and a strategic expansion of our production capacity. These steps reflect our commitment to quality and sustainable growth, positioning us to capture new opportunities in both domestic and international markets. Our wholly owned subsidiary Rajputana Industries which is now a publicly listed entity, reinforces our market presence and expands our footprint.<\/p>\n<p>With a growing portfolio of strategic partnerships, we are well-positioned to capitalize on emerging opportunities across sectors and geographies. Looking forward, I am confident in Shera Energy\u2019s growth trajectory. Our expansions, increased capacity, and strengthened partnerships support our vision of becoming a leader in the global non-ferrous metals industry. With a focus on innovation, quality, and operational excellence, we are prepared to meet evolving market demands and deliver lasting value for our stakeholders. The future holds immense potential, and we are committed to building on this momentum for sustainable growth and industry leadership.\u201d<\/p>\n<p><strong>H1 FY25 Highlights of Shera Energy Limited<\/strong><\/p>\n<table border=\"1\" width=\"695\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td width=\"36.97841726618705%\">Secured First African Export Order<\/td>\n<td valign=\"top\" width=\"63.02158273381295%\">Secured its first African export order worth\u00a0USD 87,000\u00a0from Zambia, projecting an additional\u00a0\u20b960 Cr\u00a0in exports for FY 2024-25.<\/td>\n<\/tr>\n<tr>\n<td width=\"36.97841726618705%\">Upgraded Credit Rating<\/td>\n<td valign=\"top\" width=\"63.02158273381295%\">Credit rating has been upgraded by Acuit\u00e9 Ratings &amp; Research from BBB to BBB+, highlighting its strong financial performance and strategic growth.<\/td>\n<\/tr>\n<tr>\n<td width=\"36.97841726618705%\">Increased Production Capacity<\/td>\n<td valign=\"top\" width=\"63.02158273381295%\">Increased its standalone production capacity from 18,600 MT to 20,600 MT and consolidated capacity from 37,730 MT to 41,130 MT.<\/td>\n<\/tr>\n<tr>\n<td width=\"36.97841726618705%\">Investment in Subsidiary<\/td>\n<td valign=\"top\" width=\"63.02158273381295%\">\n<ul>\n<li>Investment in Shera Metal Private Limited, 82.13% post-acquisition shareholding.<\/li>\n<li>The company increased its stake in Rajputana Industries Limited to 73.91% from 69.47%, strengthening its investment in the company. Rajputana Industries has successfully listed on the stock exchange<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"36.97841726618705%\">Key Vendor Approval<\/td>\n<td width=\"63.02158273381295%\">The Shera Group has been recognized as an approved vendor by Hitachi Energy USA Inc., this underscores their commitment to quality and opens new growth opportunities in the U.S. market.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India] November 6: Shera Energy Limited(NSE \u2013 SHERA),\u00a0engaged in the business of manufacturing winding wires and strips made&hellip;<\/p>\n","protected":false},"author":3,"featured_media":32624,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[645,641],"class_list":["post-32623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-pr","tag-press-release"],"_links":{"self":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/32623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=32623"}],"version-history":[{"count":0,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/32623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media\/32624"}],"wp:attachment":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=32623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=32623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=32623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}