India Steel Works standalone net profit rises 41.00% in the March 2018 quarter

Sales decline 33.66% to Rs 185.11 crore

Net profit of India Steel Works rose 41.00% to Rs 1.41 crore in the quarter ended March 2018 as against Rs 1.00 crore during the previous quarter ended March 2017. Sales declined 33.66% to Rs 185.11 crore in the quarter ended March 2018 as against Rs 279.03 crore during the previous quarter ended March 2017.

For the full year,net profit rose 1097.14% to Rs 4.19 crore in the year ended March 2018 as against Rs 0.35 crore during the previous year ended March 2017. Sales declined 12.58% to Rs 949.16 crore in the year ended March 2018 as against Rs 1085.77 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales185.11279.03 -34 949.161085.77 -13 OPM %-3.991.08 -0.062.55 - PBDT3.475.79 -40 13.3718.74 -29 PBT1.411.03 37 4.960.38 1205 NP1.411.00 41 4.190.35 1097

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