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Panchmahal Steel standalone net profit rises 34.30% in the March 2022 quarter

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Capital Market

Sales rise 30.75% to Rs 144.78 crore

Net profit of Panchmahal Steel rose 34.30% to Rs 14.80 crore in the quarter ended March 2022 as against Rs 11.02 crore during the previous quarter ended March 2021. Sales rose 30.75% to Rs 144.78 crore in the quarter ended March 2022 as against Rs 110.73 crore during the previous quarter ended March 2021.

For the full year,net profit rose 497.15% to Rs 58.58 crore in the year ended March 2022 as against Rs 9.81 crore during the previous year ended March 2021. Sales rose 69.21% to Rs 573.60 crore in the year ended March 2022 as against Rs 338.98 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales144.78110.73 31 573.60338.98 69 OPM %15.9111.51 -13.256.81 - PBDT21.8112.88 69 74.1417.26 330 PBT19.8711.02 80 66.559.81 578 NP14.8011.02 34 58.589.81 497

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First Published: May 16 2022 | 5:40 PM IST

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