Business Standard

Thursday, December 26, 2024 | 08:02 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

MSP Steel & Power consolidated net profit declines 34.19% in the March 2024 quarter

Image

Sales rise 10.48% to Rs 748.41 crore

Net profit of MSP Steel & Power declined 34.19% to Rs 13.03 crore in the quarter ended March 2024 as against Rs 19.80 crore during the previous quarter ended March 2023. Sales rose 10.48% to Rs 748.41 crore in the quarter ended March 2024 as against Rs 677.42 crore during the previous quarter ended March 2023.

For the full year,net profit reported to Rs 14.36 crore in the year ended March 2024 as against net loss of Rs 50.58 crore during the previous year ended March 2023. Sales rose 12.68% to Rs 2873.85 crore in the year ended March 2024 as against Rs 2550.40 crore during the previous year ended March 2023.

 
ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales748.41677.42 10 2873.852550.40 13 OPM %3.297.96 -4.362.50 - PBDT17.2437.90 -55 76.10-3.41 LP PBT3.9824.58 -84 20.69-57.49 LP NP13.0319.80 -34 14.36-50.58 LP

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 30 2024 | 7:43 AM IST

Explore News