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Sunflag Iron & Steel Company standalone net profit declines 89.93% in the June 2019 quarter

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Capital Market

Sales decline 12.58% to Rs 486.11 crore

Net profit of Sunflag Iron & Steel Company declined 89.93% to Rs 4.09 crore in the quarter ended June 2019 as against Rs 40.62 crore during the previous quarter ended June 2018. Sales declined 12.58% to Rs 486.11 crore in the quarter ended June 2019 as against Rs 556.07 crore during the previous quarter ended June 2018. ParticularsQuarter EndedJun. 2019Jun. 2018% Var.Sales486.11556.07 -13 OPM %5.1414.29 -PBDT17.1173.28 -77 PBT7.0664.40 -89 NP4.0940.62 -90

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First Published: Aug 13 2019 | 3:52 PM IST

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