Beekay Steel Industries standalone net profit rises 54.88% in the March 2024 quarter

Sales decline 11.36% to Rs 253.37 crore

Net profit of Beekay Steel Industries rose 54.88% to Rs 37.42 crore in the quarter ended March 2024 as against Rs 24.16 crore during the previous quarter ended March 2023. Sales declined 11.36% to Rs 253.37 crore in the quarter ended March 2024 as against Rs 285.84 crore during the previous quarter ended March 2023.

For the full year,net profit rose 21.78% to Rs 132.97 crore in the year ended March 2024 as against Rs 109.19 crore during the previous year ended March 2023. Sales declined 11.34% to Rs 1000.50 crore in the year ended March 2024 as against Rs 1128.42 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales253.37285.84 -11 1000.501128.42 -11 OPM %13.2814.32 -13.6914.73 - PBDT40.2339.37 2 174.04170.37 2 PBT30.7832.40 -5 150.07147.44 2 NP37.4224.16 55 132.97109.19 22

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