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Nova Iron & Steel reports standalone net profit of Rs 4.01 crore in the December 2023 quarter

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Sales decline 31.94% to Rs 113.11 crore

Net profit of Nova Iron & Steel reported to Rs 4.01 crore in the quarter ended December 2023 as against net loss of Rs 14.78 crore during the previous quarter ended December 2022. Sales declined 31.94% to Rs 113.11 crore in the quarter ended December 2023 as against Rs 166.20 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales113.11166.20 -32 OPM %5.18-6.54 -PBDT6.64-11.29 LP PBT4.01-13.77 LP NP4.01-14.78 LP

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First Published: Feb 14 2024 | 2:04 PM IST

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