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MSP Steel & Power reports standalone net profit of Rs 8.37 crore in the December 2018 quarter

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Capital Market

Sales rise 49.60% to Rs 493.06 crore

Net profit of MSP Steel & Power reported to Rs 8.37 crore in the quarter ended December 2018 as against net loss of Rs 10.01 crore during the previous quarter ended December 2017. Sales rose 49.60% to Rs 493.06 crore in the quarter ended December 2018 as against Rs 329.58 crore during the previous quarter ended December 2017. ParticularsQuarter EndedDec. 2018Dec. 2017% Var.Sales493.06329.58 50 OPM %6.5510.28 -PBDT17.653.73 373 PBT3.93-10.54 LP NP8.37-10.01 LP

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First Published: Feb 16 2019 | 5:08 PM IST

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