Steel Exchange India standalone net profit rises 286.26% in the March 2022 quarter

Sales rise 12.21% to Rs 366.87 crore

Net profit of Steel Exchange India rose 286.26% to Rs 112.48 crore in the quarter ended March 2022 as against Rs 29.12 crore during the previous quarter ended March 2021. Sales rose 12.21% to Rs 366.87 crore in the quarter ended March 2022 as against Rs 326.96 crore during the previous quarter ended March 2021.

For the full year,net profit declined 16.79% to Rs 116.48 crore in the year ended March 2022 as against Rs 139.98 crore during the previous year ended March 2021. Sales rose 22.38% to Rs 1099.45 crore in the year ended March 2022 as against Rs 898.41 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales366.87326.96 12 1099.45898.41 22 OPM %7.8013.40 -9.6512.92 - PBDT16.5237.97 -56 38.23113.47 -66 PBT10.4831.79 -67 14.4888.77 -84 NP112.4829.12 286 116.48139.98 -17

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