Vardhman Special Steels standalone net profit rises 638.38% in the March 2021 quarter

Sales rise 62.64% to Rs 334.48 crore

Net profit of Vardhman Special Steels rose 638.38% to Rs 26.36 crore in the quarter ended March 2021 as against Rs 3.57 crore during the previous quarter ended March 2020. Sales rose 62.64% to Rs 334.48 crore in the quarter ended March 2021 as against Rs 205.66 crore during the previous quarter ended March 2020.

For the full year,net profit rose 1223.05% to Rs 44.19 crore in the year ended March 2021 as against Rs 3.34 crore during the previous year ended March 2020. Sales rose 10.74% to Rs 937.08 crore in the year ended March 2021 as against Rs 846.20 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales334.48205.66 63 937.08846.20 11 OPM %15.637.68 -11.034.69 - PBDT49.8812.18 310 96.6023.40 313 PBT39.875.63 608 66.37-2.32 LP NP26.363.57 638 44.193.34 1223

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