Prakash Steelage reports standalone net profit of Rs 52.39 crore in the March 2021 quarter

Sales rise 10.77% to Rs 8.95 crore

Net profit of Prakash Steelage reported to Rs 52.39 crore in the quarter ended March 2021 as against net loss of Rs 0.97 crore during the previous quarter ended March 2020. Sales rose 10.77% to Rs 8.95 crore in the quarter ended March 2021 as against Rs 8.08 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 50.76 crore in the year ended March 2021 as against net loss of Rs 0.24 crore during the previous year ended March 2020. Sales declined 24.71% to Rs 24.47 crore in the year ended March 2021 as against Rs 32.50 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales8.958.08 11 24.4732.50 -25 OPM %-7.82-8.29 --7.6811.20 - PBDT-0.66-0.23 -187 -1.104.34 PL PBT-0.99-0.67 -48 -2.622.32 PL NP52.39-0.97 LP 50.76-0.24 LP

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