Rathi Steel & Power reports standalone net loss of Rs 35.94 crore in the March 2022 quarter

Sales decline 39.92% to Rs 99.12 crore

Net loss of Rathi Steel & Power reported to Rs 35.94 crore in the quarter ended March 2022 as against net profit of Rs 194.55 crore during the previous quarter ended March 2021. Sales declined 39.92% to Rs 99.12 crore in the quarter ended March 2022 as against Rs 164.97 crore during the previous quarter ended March 2021.

For the full year,net loss reported to Rs 36.49 crore in the year ended March 2022 as against net profit of Rs 190.14 crore during the previous year ended March 2021. Sales rose 26.96% to Rs 542.52 crore in the year ended March 2022 as against Rs 427.30 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales99.12164.97 -40 542.52427.30 27 OPM %14.151.13 -5.143.09 - PBDT7.208.55 -16 18.0816.13 12 PBT5.174.05 28 4.62-0.36 LP NP-35.94194.55 PL -36.49190.14 PL

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