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Sunflag Iron & Steel Company consolidated net profit declines 42.24% in the September 2019 quarter

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Capital Market

Sales decline 23.61% to Rs 466.93 crore

Net profit of Sunflag Iron & Steel Company declined 42.24% to Rs 20.88 crore in the quarter ended September 2019 as against Rs 36.15 crore during the previous quarter ended September 2018. Sales declined 23.61% to Rs 466.93 crore in the quarter ended September 2019 as against Rs 611.22 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales466.93611.22 -24 OPM %9.6112.17 -PBDT38.0266.87 -43 PBT27.9757.48 -51 NP20.8836.15 -42

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First Published: Nov 13 2019 | 5:20 PM IST

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