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Steel Strips Wheels standalone net profit rises 9.72% in the March 2022 quarter

13 May 2022 , 02:21 PM

Net profit of Steel Strips Wheels rose 9.72% to Rs 48.89 crore in the quarter ended March 2022 as against Rs 44.56 crore during the previous quarter ended March 2021. Sales rose 51.92% to Rs 1063.26 crore in the quarter ended March 2022 as against Rs 699.87 crore during the previous quarter ended March 2021. For the full year,net profit rose 317.18% to Rs 205.46 crore in the year ended March 2022 as against Rs 49.25 crore during the previous year ended March 2021. Sales rose 103.49% to Rs 3559.95 crore in the year ended March 2022 as against Rs 1749.42 crore during the previous year ended March 2021.

Particulars Quarter Ended Year Ended
? Mar. 2022 Mar. 2021 % Var. Mar. 2022 Mar. 2021 % Var.
Sales 1063.26 699.87 52 3559.95 1749.42 103
OPM % 10.47 12.30 12.72 11.65
PBDT 97.38 73.26 33 380.39 136.14 179
PBT 78.44 54.10 45 303.52 63.83 376
NP 48.89 44.56 10 205.46 49.25 317

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