MSP Steel & Power reports consolidated net profit of Rs 11.40 crore in the March 2021 quarter

Sales rise 46.64% to Rs 558.35 crore

Net profit of MSP Steel & Power reported to Rs 11.40 crore in the quarter ended March 2021 as against net loss of Rs 4.01 crore during the previous quarter ended March 2020. Sales rose 46.64% to Rs 558.35 crore in the quarter ended March 2021 as against Rs 380.76 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 4.89 crore in the year ended March 2021 as against net loss of Rs 75.78 crore during the previous year ended March 2020. Sales rose 12.42% to Rs 1723.13 crore in the year ended March 2021 as against Rs 1532.73 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales558.35380.76 47 1723.131532.73 12 OPM %8.157.68 -8.264.58 - PBDT27.829.48 193 63.96-12.80 LP PBT12.84-3.70 LP 8.47-66.59 LP NP11.40-4.01 LP 4.89-75.78 LP

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