Rakan Steels standalone net profit rises 100.00% in the March 2021 quarter

Sales decline 14.11% to Rs 5.66 crore

Net profit of Rakan Steels rose 100.00% to Rs 0.08 crore in the quarter ended March 2021 as against Rs 0.04 crore during the previous quarter ended March 2020. Sales declined 14.11% to Rs 5.66 crore in the quarter ended March 2021 as against Rs 6.59 crore during the previous quarter ended March 2020.

For the full year,net profit rose 50.00% to Rs 0.12 crore in the year ended March 2021 as against Rs 0.08 crore during the previous year ended March 2020. Sales declined 16.64% to Rs 23.10 crore in the year ended March 2021 as against Rs 27.71 crore during the previous year ended March 2020.

 

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales5.666.59 -14 23.1027.71 -17 OPM %2.651.67 -2.731.62 - PBDT0.150.10 50 0.280.24 17 PBT0.100.05 100 0.150.11 36 NP0.080.04 100 0.120.08 50

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