Supremex Shine Steels registers net profit of Rs 5.83 lakh for Q4FY20

New Delhi: Supremex Shine Steels Ltd’s registered net profit of Rs 5.83 lakh for the fourth quarter of the fiscal 2019-20 as compared to a net loss of Rs 2.86 lakh in the corresponding quarter of the previous fiscal.

The company’s revenues from operations jumped almost two-fold to Rs 6 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 3.11 crore in the corresponding quarter of the previous fiscal.

The company’s net profit jumped 21 percent to Rs 14.89 lakh for the entire fiscal 2019-20 as compared to a net profit of Rs 12.3 lakh in the previous fiscal.

The company’s consolidated revenues from operations jumped almost four-fold to Rs 17.6 crore for the entire fiscal 2019-20 as compared to Rs 4.5 crore in the previous fiscal.

The total expenses of the company jumped to Rs 5.1 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 2.68 crore in the corresponding quarter of the previous fiscal. The total expenses of the company jumped to Rs 15 crore in the 2019-20 fiscal as compared to Rs 3.99 crore in the previous fiscal, the company said in a regulatory filing.

 

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