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Steel Strips Wheels standalone net profit rises 82.31% in the September 2020 quarter

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Capital Market

Sales rise 11.78% to Rs 404.74 crore

Net profit of Steel Strips Wheels rose 82.31% to Rs 14.02 crore in the quarter ended September 2020 as against Rs 7.69 crore during the previous quarter ended September 2019. Sales rose 11.78% to Rs 404.74 crore in the quarter ended September 2020 as against Rs 362.08 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales404.74362.08 12 OPM %12.3011.44 -PBDT33.3725.49 31 PBT15.487.51 106 NP14.027.69 82

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First Published: Oct 09 2020 | 1:26 PM IST

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