Bihar Sponge Iron standalone net profit rises 37.95% in the March 2022 quarter

Sales rise 671.83% to Rs 60.82 crore

Net profit of Bihar Sponge Iron rose 37.95% to Rs 2.69 crore in the quarter ended March 2022 as against Rs 1.95 crore during the previous quarter ended March 2021. Sales rose 671.83% to Rs 60.82 crore in the quarter ended March 2022 as against Rs 7.88 crore during the previous quarter ended March 2021.

For the full year,net profit rose 108.84% to Rs 8.27 crore in the year ended March 2022 as against Rs 3.96 crore during the previous year ended March 2021. Sales rose 291.13% to Rs 86.40 crore in the year ended March 2022 as against Rs 22.09 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales60.827.88 672 86.4022.09 291 OPM %-1.7922.59 -3.4823.99 - PBDT3.422.53 35 11.167.26 54 PBT2.591.80 44 8.174.34 88 NP2.691.95 38 8.273.96 109

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