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Nova Iron & Steel standalone net profit declines 88.28% in the June 2022 quarter

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Capital Market

Sales rise 47.50% to Rs 186.35 crore

Net profit of Nova Iron & Steel declined 88.28% to Rs 2.08 crore in the quarter ended June 2022 as against Rs 17.74 crore during the previous quarter ended June 2021. Sales rose 47.50% to Rs 186.35 crore in the quarter ended June 2022 as against Rs 126.34 crore during the previous quarter ended June 2021. ParticularsQuarter EndedJun. 2022Jun. 2021% Var.Sales186.35126.34 47 OPM %3.5616.32 -PBDT5.5521.28 -74 PBT3.0918.80 -84 NP2.0817.74 -88

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First Published: Aug 16 2022 | 8:13 AM IST

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