Sunflag Iron & Steel Company standalone net profit rises 190.30% in the March 2018 quarter

Sales rise 39.45% to Rs 561.34 crore

Net profit of Sunflag Iron & Steel Company rose 190.30% to Rs 36.52 crore in the quarter ended March 2018 as against Rs 12.58 crore during the previous quarter ended March 2017. Sales rose 39.45% to Rs 561.34 crore in the quarter ended March 2018 as against Rs 402.55 crore during the previous quarter ended March 2017.

For the full year,net profit rose 97.44% to Rs 128.67 crore in the year ended March 2018 as against Rs 65.17 crore during the previous year ended March 2017. Sales rose 36.80% to Rs 2074.44 crore in the year ended March 2018 as against Rs 1516.39 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales561.34402.55 39 2074.441516.39 37 OPM %10.507.61 -11.429.59 - PBDT60.4721.51 181 218.29118.10 85 PBT52.3213.89 277 184.1684.91 117 NP36.5212.58 190 128.6765.17 97

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