Bajaj Steel Industries consolidated net profit rises 0.20% in the March 2020 quarter

Sales decline 10.74% to Rs 73.97 crore

Net profit of Bajaj Steel Industries rose 0.20% to Rs 5.04 crore in the quarter ended March 2020 as against Rs 5.03 crore during the previous quarter ended March 2019. Sales declined 10.74% to Rs 73.97 crore in the quarter ended March 2020 as against Rs 82.87 crore during the previous quarter ended March 2019.

For the full year,net profit rose 72.43% to Rs 23.64 crore in the year ended March 2020 as against Rs 13.71 crore during the previous year ended March 2019. Sales rose 10.93% to Rs 414.84 crore in the year ended March 2020 as against Rs 373.96 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales73.9782.87 -11 414.84373.96 11 OPM %13.135.06 -9.087.47 - PBDT9.923.96 151 37.9026.53 43 PBT6.763.92 72 31.6622.71 39 NP5.045.03 0 23.6413.71 72

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