Sunflag Iron & Steel Company standalone net profit rises 65.13% in the March 2021 quarter

Sales rise 33.04% to Rs 555.44 crore

Net profit of Sunflag Iron & Steel Company rose 65.13% to Rs 72.51 crore in the quarter ended March 2021 as against Rs 43.91 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 44.25% to Rs 133.52 crore in the year ended March 2021 as against Rs 92.56 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 %17.7012.22 -13.039.70 - PBDT94.0542.38 122 228.78140.53 63 PBT75.2328.33 166 158.6094.33 68 NP72.5143.91 65 133.5292.56 44

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