Sunflag Iron & Steel Company consolidated net profit rises 82.03% in the March 2021 quarter

Sales rise 33.04% to Rs 555.44 crore

Net profit of Sunflag Iron & Steel Company rose 82.03% to Rs 80.13 crore in the quarter ended March 2021 as against Rs 44.02 crore during the previous quarter ended March 2020. Sales rose 33.04% to Rs 555.44 crore in the quarter ended March 2021 as against Rs 417.50 crore during the previous quarter ended March 2020.

For the full year,net profit rose 52.76% to Rs 140.62 crore in the year ended March 2021 as against Rs 92.05 crore during the previous year ended March 2020. Sales rose 7.59% to Rs 1891.55 crore in the year ended March 2021 as against Rs 1758.12 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales555.44417.50 33 1891.551758.12 8 OPM %18.9012.22 -13.399.67 - PBDT100.7842.39 138 235.55140.59 68 PBT81.9528.33 189 165.3594.38 75 NP80.1344.02 82 140.6292.05 53

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