Modison Metals consolidated net profit declines 51.09% in the March 2022 quarter

Sales decline 5.09% to Rs 99.95 crore

Net profit of Modison Metals declined 51.09% to Rs 4.73 crore in the quarter ended March 2022 as against Rs 9.67 crore during the previous quarter ended March 2021. Sales declined 5.09% to Rs 99.95 crore in the quarter ended March 2022 as against Rs 105.31 crore during the previous quarter ended March 2021.

For the full year,net profit declined 34.80% to Rs 14.63 crore in the year ended March 2022 as against Rs 22.44 crore during the previous year ended March 2021. Sales rose 16.23% to Rs 339.53 crore in the year ended March 2022 as against Rs 292.11 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales99.95105.31 -5 339.53292.11 16 OPM %8.8910.60 -8.9313.69 - PBDT9.5010.51 -10 29.9439.48 -24 PBT7.658.91 -14 23.3333.40 -30 NP4.739.67 -51 14.6322.44 -35

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