Results     30-May-23
Announcements
MSP Steel & Power consolidated net profit rises 35.15% in the March 2023 quarter
Sales rise 3.76% to Rs 677.42 crore
Net profit of MSP Steel & Power rose 35.15% to Rs 19.80 crore in the quarter ended March 2023 as against Rs 14.65 crore during the previous quarter ended March 2022. Sales rose 3.76% to Rs 677.42 crore in the quarter ended March 2023 as against Rs 652.88 crore during the previous quarter ended March 2022.

For the full year,net loss reported to Rs 50.58 crore in the year ended March 2023 as against net profit of Rs 25.70 crore during the previous year ended March 2022. Sales rose 9.01% to Rs 2550.40 crore in the year ended March 2023 as against Rs 2339.58 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales677.42652.88 4 2550.402339.58 9
OPM %7.267.56 -2.326.63 -
PBDT37.9031.66 20 -3.4184.37 PL
PBT24.5818.33 34 -57.4929.90 PL
NP19.8014.65 35 -50.5825.70 PL

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