Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
26 November, 2020 03:34 IST
Riddhi Steel and Tube net profit falls to Rs 8.92 mn for September half year
Source: IRIS | 18 Nov, 2020, 07.35PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

   Riddhi Steel and Tube, a leading exporter, manufacturer, supplier of steel pipes, steel tubes  and water gas steam, reported a decline of 36.60% in standalone net profit at Rs  8.92 million for the half year ended September 2020. The company has posted a net profit of Rs 14.07 million in April-September period last year.

The company's revenue from operations decreased 18.85% to Rs  1,177.08 million in the six months ended September 2020 as against Rs 1,450.43 million in the corresponding  period last fiscal.

Total expenses decreased 18.41% to Rs  1,170.07 million for the half year ended September 2020 as against Rs  1,434.15 million in the same period last fiscal.

Riddhi Steel and Tube  EPS has decreased to Rs 1.08 in September 2020 from Rs 1.70 in corresponding six months ended September 2019.




 Post Comment
Name Email
Comment
Security Code type    into this box
Sector
KIOCL submits letter of offer for buyback of shares - 24-Nov-2020 12:07
Ashok Alco-Chem swings to net profit of Rs 9.87 mn in Q2 - 23-Nov-2020 18:15
Deccan Gold Mines Q2 loss widens to Rs 12.82 mn - 23-Nov-2020 17:42
Favipiravir drug leads to significant improvement in clinical cure in patients with mild to moderate COVID-19: Glenmark study - 23-Nov-2020 16:41
Max Ventures and Industries swings to loss of Rs 22.11 mn in Q2 - 23-Nov-2020 13:38
Max Estates commences construction of commercial 'Max Square' project worth Rs 40 bn - 23-Nov-2020 12:55
Bajaj Healthcare Q2 standalone net profit jumps over six-folds to Rs 201.16 mn - 20-Nov-2020 18:47
Hisar Metal Industries standalone net profit falls 21% to Rs 12 mn - 20-Nov-2020 18:04
Cosmo Films Q2 net profit surges 83.66% to Rs 527 mn - 20-Nov-2020 16:42
Cosmo Films submits letter of offer for buyback of 1.26 mn shares - 20-Nov-2020 16:21
Autoline Industries Q2 loss narrows to Rs 125.6 mn - 20-Nov-2020 14:23
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer