Sathavahana Ispat reports standalone net profit of Rs 116.51 crore in the March 2022 quarter

Sales rise 3382.73% to Rs 145.23 crore

Net profit of Sathavahana Ispat reported to Rs 116.51 crore in the quarter ended March 2022 as against net loss of Rs 131.23 crore during the previous quarter ended March 2021. Sales rose 3382.73% to Rs 145.23 crore in the quarter ended March 2022 as against Rs 4.17 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 122.67 crore in the year ended March 2022 as against net loss of Rs 326.00 crore during the previous year ended March 2021. Sales rose 48.84% to Rs 39.83 crore in the year ended March 2022 as against Rs 26.76 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales145.234.17 3383 39.8326.76 49 OPM %87.48-159.23 -8.51-48.95 - PBDT126.39-121.13 LP -82.18-283.69 71 PBT116.51-131.23 LP -122.67-326.00 62 NP116.51-131.23 LP -122.67-326.00 62

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