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Steel Strips Wheels standalone net profit rises 357.23% in the December 2020 quarter

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Capital Market

Sales rise 52.66% to Rs 524.54 crore

Net profit of Steel Strips Wheels rose 357.23% to Rs 28.76 crore in the quarter ended December 2020 as against Rs 6.29 crore during the previous quarter ended December 2019. Sales rose 52.66% to Rs 524.54 crore in the quarter ended December 2020 as against Rs 343.60 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales524.54343.60 53 OPM %12.4912.42 -PBDT48.8925.40 92 PBT31.017.43 317 NP28.766.29 357

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First Published: Jan 12 2021 | 3:39 PM IST

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