Zenith Steel Pipes & Industries reports consolidated net profit of Rs 6.24 crore in the March 2021 quarter

Sales rise 51.85% to Rs 27.15 crore

Net profit of Zenith Steel Pipes & Industries reported to Rs 6.24 crore in the quarter ended March 2021 as against net loss of Rs 21.45 crore during the previous quarter ended March 2020. Sales rose 51.85% to Rs 27.15 crore in the quarter ended March 2021 as against Rs 17.88 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 13.58 crore in the year ended March 2021 as against net loss of Rs 28.35 crore during the previous year ended March 2020. Sales declined 23.19% to Rs 77.87 crore in the year ended March 2021 as against Rs 101.38 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales27.1517.88 52 77.87101.38 -23 OPM %9.28-169.24 --23.08-30.32 - PBDT7.05-18.04 LP -10.73-22.70 53 PBT6.24-21.64 LP -13.58-28.35 52 NP6.24-21.45 LP -13.58-28.35 52

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