Modern Steels reports standalone net loss of Rs 10.53 crore in the December 2020 quarter

Sales decline 45.61% to Rs 23.33 crore

Net Loss of Modern Steels reported to Rs 10.53 crore in the quarter ended December 2020 as against net loss of Rs 7.98 crore during the previous quarter ended December 2019. Sales declined 45.61% to Rs 23.33 crore in the quarter ended December 2020 as against Rs 42.89 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales23.3342.89 -46 OPM %-44.88-14.41 -PBDT-9.13-6.80 -34 PBT-10.53-7.98 -32 NP-10.53-7.98 -32

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