Scan Steels standalone net profit rises 4.86% in the March 2022 quarter

Sales rise 41.78% to Rs 341.12 crore

Net profit of Scan Steels rose 4.86% to Rs 24.81 crore in the quarter ended March 2022 as against Rs 23.66 crore during the previous quarter ended March 2021. Sales rose 41.78% to Rs 341.12 crore in the quarter ended March 2022 as against Rs 240.59 crore during the previous quarter ended March 2021.

For the full year,net profit rose 65.11% to Rs 50.77 crore in the year ended March 2022 as against Rs 30.75 crore during the previous year ended March 2021. Sales rose 36.62% to Rs 1000.18 crore in the year ended March 2022 as against Rs 732.10 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales341.12240.59 42 1000.18732.10 37 OPM %11.1413.71 -8.549.40 - PBDT35.9834.19 5 78.6662.33 26 PBT32.7229.49 11 65.8548.35 36 NP24.8123.66 5 50.7730.75 65

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