SRU Steels standalone net profit declines 77.55% in the March 2024 quarter

Sales decline 88.51% to Rs 1.04 crore

Net profit of SRU Steels declined 77.55% to Rs 0.11 crore in the quarter ended March 2024 as against Rs 0.49 crore during the previous quarter ended March 2023. Sales declined 88.51% to Rs 1.04 crore in the quarter ended March 2024 as against Rs 9.05 crore during the previous quarter ended March 2023.

For the full year,net profit declined 54.29% to Rs 0.32 crore in the year ended March 2024 as against Rs 0.70 crore during the previous year ended March 2023. Sales rose 9.57% to Rs 18.32 crore in the year ended March 2024 as against Rs 16.72 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1.049.05 -89 18.3216.72 10 OPM %16.358.62 -2.788.13 - PBDT0.170.69 -75 0.511.05 -51 PBT0.150.66 -77 0.430.95 -55 NP0.110.49 -78 0.320.70 -54

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