Narayani Steels reports consolidated net loss of Rs 41.41 crore in the March 2021 quarter

Sales rise 31.69% to Rs 47.42 crore

Net Loss of Narayani Steels reported to Rs 41.41 crore in the quarter ended March 2021 as against net loss of Rs 19.17 crore during the previous quarter ended March 2020. Sales rose 31.69% to Rs 47.42 crore in the quarter ended March 2021 as against Rs 36.01 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 54.36 crore in the year ended March 2021 as against net loss of Rs 32.00 crore during the previous year ended March 2020. Sales declined 78.26% to Rs 77.93 crore in the year ended March 2021 as against Rs 358.52 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales47.4236.01 32 77.93358.52 -78 OPM %-99.39-62.12 --72.80-7.42 - PBDT-59.55-28.24 -111 -78.69-45.82 -72 PBT-60.57-28.78 -110 -80.03-47.49 -69 NP-41.41-19.17 -116 -54.36-32.00 -70

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