Sarda Energy & Minerals Ltd (BOM:504614)
₹ 489 11.45 (2.4%) Market Cap: 168.28 Bil Enterprise Value: 181.80 Bil PE Ratio: 28.45 PB Ratio: 2.91 GF Score: 78/100
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Q2 2024 Sarda Energy & Minerals Ltd Earnings Call Transcript

Oct 31, 2023 / 10:30AM GMT
Release Date Price: ₹203 (-0.98%)
Operator

Ladies and gentlemen, good day, and welcome to the Sarda Energy & Minerals Limited Q2- and H1-FY24 earnings conference call. (Operator Instructions) Please note that the conference is being recorded.

I now hand the conference over to Mr. Pankaj Sarda, Joint Managing Director. Thank you and over to you, sir.

Pankaj Sarda
Sarda Energy & Minerals Ltd - Joint Managing Director and Executive Director

Thank you, [Akshay], and good afternoon, everyone, and a very warm welcome to each one of you to this call. First of all, I would like to wish you a happy festive season ahead. I would like to state that some of the statements made in this call may be forward-looking, and a disclaimer to this has been included in the investor presentation.

During the quarter under review globally, the economies continued to face macro headwinds on account of high inflation, high interest rates, war between Russia and Ukraine, and imposed sanctions affecting commodity prices including steels. In India, domestic steel demand continued to grow and was up around

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