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S.A.L Steel reports standalone net profit of Rs 15.56 crore in the March 2021 quarter

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Capital Market

Sales rise 18.55% to Rs 116.04 crore

Net profit of S.A.L Steel reported to Rs 15.56 crore in the quarter ended March 2021 as against net loss of Rs 0.72 crore during the previous quarter ended March 2020. Sales rose 18.55% to Rs 116.04 crore in the quarter ended March 2021 as against Rs 97.88 crore during the previous quarter ended March 2020.

For the full year,net profit declined 27.20% to Rs 11.56 crore in the year ended March 2021 as against Rs 15.88 crore during the previous year ended March 2020. Sales declined 26.22% to Rs 300.91 crore in the year ended March 2021 as against Rs 407.84 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales116.0497.88 19 300.91407.84 -26 OPM %17.492.09 -7.206.40 - PBDT20.191.59 1170 21.4424.59 -13 PBT17.66-0.29 LP 12.4217.07 -27 NP15.56-0.72 LP 11.5615.88 -27

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First Published: Jul 02 2021 | 8:01 AM IST

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