India Steel Works reports standalone net profit of Rs 6.15 crore in the March 2024 quarter

Reported sales nil

Net profit of India Steel Works reported to Rs 6.15 crore in the quarter ended March 2024 as against net loss of Rs 10.56 crore during the previous quarter ended March 2023. There were no Sales reported in the quarter ended March 2024 as against Rs 1.23 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 11.62 crore in the year ended March 2024 as against net loss of Rs 35.96 crore during the previous year ended March 2023. Sales declined 82.59% to Rs 0.82 crore in the year ended March 2024 as against Rs 4.71 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales01.23 -100 0.824.71 -83 OPM %0-483.74 --751.22-423.78 - PBDT2.37-6.53 LP -9.86-26.29 62 PBT0.38-8.37 LP -17.44-33.77 48 NP6.15-10.56 LP -11.62-35.96 68

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