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Modern Steels standalone net profit declines 60.89% in the March 2024 quarter

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Reported sales nil

Net profit of Modern Steels declined 60.89% to Rs 0.97 crore in the quarter ended March 2024 as against Rs 2.48 crore during the previous quarter ended March 2023. There were no Sales reported in the quarter ended March 2024 and during the previous quarter ended March 2023.

For the full year,net profit declined 95.88% to Rs 0.57 crore in the year ended March 2024 as against Rs 13.83 crore during the previous year ended March 2023. There were no Sales reported in the year ended March 2024 and during the previous year ended March 2023.

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First Published: May 18 2024 | 5:29 PM IST

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