Dina Iron & Steel standalone net profit rises 438.10% in the March 2020 quarter

Image
Capital Market
Last Updated : Sep 21 2020 | 9:04 AM IST

Sales decline 23.03% to Rs 44.49 crore

Net profit of Dina Iron & Steel rose 438.10% to Rs 2.26 crore in the quarter ended March 2020 as against Rs 0.42 crore during the previous quarter ended March 2019. Sales declined 23.03% to Rs 44.49 crore in the quarter ended March 2020 as against Rs 57.80 crore during the previous quarter ended March 2019.

For the full year,net profit declined 20.69% to Rs 0.92 crore in the year ended March 2020 as against Rs 1.16 crore during the previous year ended March 2019. Sales declined 25.02% to Rs 179.38 crore in the year ended March 2020 as against Rs 239.25 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales44.4957.80 -23 179.38239.25 -25 OPM %7.693.36 -2.882.50 - PBDT2.510.62 305 2.082.68 -22 PBT2.450.42 483 1.271.66 -23 NP2.260.42 438 0.921.16 -21

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: Sep 21 2020 | 8:10 AM IST

Next Story