Net profit of Modern Steels declined 85.37% to Rs 0.36 crore in the quarter ended June 2011 as against Rs 2.46 crore during the previous quarter ended June 2010. Sales rose 1.19% to Rs 87.47 crore in the quarter ended June 2011 as against Rs 86.44 crore during the previous quarter ended June 2010.
| Particulars | Quarter Ended |
| | Jun. 2011 | Jun. 2010 | % Var. |
| Sales | 87.47 | 86.44 | 1 |
| OPM % | 5.40 | 8.32 | -35 |
| PBDT | 1.72 | 5.03 | -66 |
| PBT | 0.53 | 3.90 | -86 |
| NP | 0.36 | 2.46 | -85 |