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Nova Iron & Steel reports standalone net profit of Rs 3.88 crore in the December 2020 quarter

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Capital Market

Sales rise 862.39% to Rs 120.78 crore

Net profit of Nova Iron & Steel reported to Rs 3.88 crore in the quarter ended December 2020 as against net loss of Rs 18.32 crore during the previous quarter ended December 2019. Sales rose 862.39% to Rs 120.78 crore in the quarter ended December 2020 as against Rs 12.55 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales120.7812.55 862 OPM %-1.99-93.71 -PBDT11.91-11.39 LP PBT9.46-18.36 LP NP3.88-18.32 LP

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First Published: Feb 13 2021 | 5:01 PM IST

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