Steel Exchange India standalone net profit rises 55.47% in the March 2021 quarter

Sales rise 79.59% to Rs 326.96 crore

Net profit of Steel Exchange India rose 55.47% to Rs 29.12 crore in the quarter ended March 2021 as against Rs 18.73 crore during the previous quarter ended March 2020. Sales rose 79.59% to Rs 326.96 crore in the quarter ended March 2021 as against Rs 182.06 crore during the previous quarter ended March 2020.

For the full year,net profit rose 117.70% to Rs 139.98 crore in the year ended March 2021 as against Rs 64.30 crore during the previous year ended March 2020. Sales rose 15.06% to Rs 898.41 crore in the year ended March 2021 as against Rs 780.82 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales326.96182.06 80 898.41780.82 15 OPM %13.402.67 -12.929.06 - PBDT37.9711.68 225 113.4777.90 46 PBT31.795.09 525 88.7750.66 75 NP29.1218.73 55 139.9864.30 118

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