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Steel Authority of India reports standalone net profit of Rs 815.57 crore in the March 2018 quarter

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Capital Market

Sales rise 34.26% to Rs 17037.83 crore

Net profit of Steel Authority of India reported to Rs 815.57 crore in the quarter ended March 2018 as against net loss of Rs 771.30 crore during the previous quarter ended March 2017. Sales rose 34.26% to Rs 17037.83 crore in the quarter ended March 2018 as against Rs 12690.54 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 481.71 crore in the year ended March 2018 as against net loss of Rs 2833.24 crore during the previous year ended March 2017. Sales rose 29.48% to Rs 57558.46 crore in the year ended March 2018 as against Rs 44452.41 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales17037.8312690.54 34 57558.4644452.41 29 OPM %13.78-2.08 -8.020.09 - PBDT1657.40-675.23 LP 2279.55-1954.17 LP PBT808.92-1419.16 LP -785.37-4634.12 83 NP815.57-771.30 LP -481.71-2833.24 83

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First Published: May 31 2018 | 3:52 PM IST

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