Bihar Sponge Iron standalone net profit rises 37.95% in the March 2022 quarter

Image
Capital Market
Last Updated : May 25 2022 | 3:31 PM IST

Sales rise 671.83% to Rs 60.82 crore

Net profit of Bihar Sponge Iron rose 37.95% to Rs 2.69 crore in the quarter ended March 2022 as against Rs 1.95 crore during the previous quarter ended March 2021. Sales rose 671.83% to Rs 60.82 crore in the quarter ended March 2022 as against Rs 7.88 crore during the previous quarter ended March 2021.

For the full year,net profit rose 108.84% to Rs 8.27 crore in the year ended March 2022 as against Rs 3.96 crore during the previous year ended March 2021. Sales rose 291.13% to Rs 86.40 crore in the year ended March 2022 as against Rs 22.09 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales60.827.88 672 86.4022.09 291 OPM %-1.7922.59 -3.4823.99 - PBDT3.422.53 35 11.167.26 54 PBT2.591.80 44 8.174.34 88 NP2.691.95 38 8.273.96 109

Powered by Capital Market - Live News

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

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 25 2022 | 3:12 PM IST

Next Story