Nova Iron & Steel reports standalone net profit of Rs 4.49 crore in the June 2024 quarter

Net profit of Nova Iron & Steel reported to Rs 4.49 crore in the quarter ended June 2024 as against net loss of Rs 6.66 crore during the previous quarter ended June 2023. Sales declined 31.42% to Rs 125.10 crore in the quarter ended June 2024 as against Rs 182.41 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	125.10	182.41	-31
OPM %	11.06	2.77	-
PBDT	11.32	4.35	160
PBT	6.55	-6.66	LP
NP	4.49	-6.66	LP