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Nova Iron & Steel reports standalone net profit of Rs 3.18 crore in the September 2020 quarter

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Capital Market

Sales rise 147.38% to Rs 81.34 crore

Net profit of Nova Iron & Steel reported to Rs 3.18 crore in the quarter ended September 2020 as against net loss of Rs 23.41 crore during the previous quarter ended September 2019. Sales rose 147.38% to Rs 81.34 crore in the quarter ended September 2020 as against Rs 32.88 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales81.3432.88 147 OPM %0.21-50.09 -PBDT5.63-16.50 LP PBT3.18-23.41 LP NP3.18-23.41 LP

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First Published: Nov 12 2020 | 8:33 AM IST

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