Bajaj Steel Industries consolidated net profit rises 491.27% in the March 2021 quarter

Sales rise 68.54% to Rs 124.67 crore

Net profit of Bajaj Steel Industries rose 491.27% to Rs 29.80 crore in the quarter ended March 2021 as against Rs 5.04 crore during the previous quarter ended March 2020. Sales rose 68.54% to Rs 124.67 crore in the quarter ended March 2021 as against Rs 73.97 crore during the previous quarter ended March 2020.

For the full year,net profit rose 177.50% to Rs 65.60 crore in the year ended March 2021 as against Rs 23.64 crore during the previous year ended March 2020. Sales rose 23.26% to Rs 510.99 crore in the year ended March 2021 as against Rs 414.56 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales124.6773.97 69 510.99414.56 23 OPM %31.5713.13 -18.149.07 - PBDT39.949.92 303 94.0637.90 148 PBT38.296.76 466 86.9931.66 175 NP29.805.04 491 65.6023.64 177

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