Kanishk Steel Industries standalone net profit rises 137.91% in the March 2021 quarter

Sales rise 24.79% to Rs 64.79 crore

Net profit of Kanishk Steel Industries rose 137.91% to Rs 3.64 crore in the quarter ended March 2021 as against Rs 1.53 crore during the previous quarter ended March 2020. Sales rose 24.79% to Rs 64.79 crore in the quarter ended March 2021 as against Rs 51.92 crore during the previous quarter ended March 2020.

For the full year,net profit rose 179.80% to Rs 5.68 crore in the year ended March 2021 as against Rs 2.03 crore during the previous year ended March 2020. Sales declined 4.64% to Rs 245.30 crore in the year ended March 2021 as against Rs 257.23 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales64.7951.92 25 245.30257.23 -5 OPM %-26.190.27 --5.360.45 - PBDT3.520.33 967 7.152.51 185 PBT3.310.12 2658 6.321.68 276 NP3.641.53 138 5.682.03 180

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