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Indian Metals & Ferro Alloys consolidated net profit rises 118.01% in the March 2022 quarter

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Capital Market

Sales rise 31.35% to Rs 756.71 crore

Net profit of Indian Metals & Ferro Alloys rose 118.01% to Rs 142.58 crore in the quarter ended March 2022 as against Rs 65.40 crore during the previous quarter ended March 2021. Sales rose 31.35% to Rs 756.71 crore in the quarter ended March 2022 as against Rs 576.11 crore during the previous quarter ended March 2021.

For the full year,net profit rose 204.56% to Rs 507.24 crore in the year ended March 2022 as against Rs 166.55 crore during the previous year ended March 2021. Sales rose 41.14% to Rs 2602.95 crore in the year ended March 2022 as against Rs 1844.23 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales756.71576.11 31 2602.951844.23 41 OPM %24.9622.33 -31.1318.31 - PBDT178.06124.38 43 767.87332.68 131 PBT142.6397.72 46 657.65228.46 188 NP142.5865.40 118 507.24166.55 205

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First Published: May 24 2022 | 2:42 PM IST

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