Kanishk Steel Industries standalone net profit declines 85.11% in the June 2024 quarter

Net profit of Kanishk Steel Industries declined 85.11% to Rs 0.21 crore in the quarter ended June 2024 as against Rs 1.41 crore during the previous quarter ended June 2023. Sales declined 25.94% to Rs 79.73 crore in the quarter ended June 2024 as against Rs 107.66 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	79.73	107.66	-26
OPM %	0.97	2.89	-
PBDT	1.16	3.11	-63
PBT	0.67	1.63	-59
NP	0.21	1.41	-85