Tata Steel Long Products standalone net profit declines 82.46% in the March 2022 quarter

20 Apr 2022 , 07:55 AM

Net profit of Tata Steel Long Products declined 82.46% to Rs 59.62 crore in the quarter ended March 2022 as against Rs 339.85 crore during the previous quarter ended March 2021. Sales rose 16.34% to Rs 1799.40 crore in the quarter ended March 2022 as against Rs 1546.74 crore during the previous quarter ended March 2021.

For the full year,net profit rose 10.12% to Rs 629.87 crore in the year ended March 2022 as against Rs 571.97 crore during the previous year ended March 2021. Sales rose 43.20% to Rs 6801.63 crore in the year ended March 2022 as against Rs 4749.87 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	1799.40	1546.74	16	6801.63	4749.87	43
OPM %	9.13	32.19	–	17.31	23.13	–
PBDT	156.76	467.20	-66	1205.10	942.02	28
PBT	85.43	383.17	-78	885.52	614.83	44
NP	59.62	339.85	-82	629.87	571.97	10

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