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Welcast Steels reports standalone net profit of Rs 0.10 crore in the March 2022 quarter

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Capital Market

Sales decline 8.35% to Rs 22.50 crore

Net profit of Welcast Steels reported to Rs 0.10 crore in the quarter ended March 2022 as against net loss of Rs 1.24 crore during the previous quarter ended March 2021. Sales declined 8.35% to Rs 22.50 crore in the quarter ended March 2022 as against Rs 24.55 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 0.49 crore in the year ended March 2022 as against net loss of Rs 1.82 crore during the previous year ended March 2021. Sales declined 15.49% to Rs 82.44 crore in the year ended March 2022 as against Rs 97.55 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales22.5024.55 -8 82.4497.55 -15 OPM %-0.49-4.28 -0-0.15 - PBDT0.32-0.92 LP 0.540.03 1700 PBT0.03-1.21 LP -0.54-1.40 61 NP0.10-1.24 LP -0.49-1.82 73

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First Published: May 24 2022 | 8:04 AM IST

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