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National Steel and Agro reports 32% rise in Q1 net profit

05 Sep 2017 Evaluate

National Steel and Agro Industries has reported results for first quarter ended June 30, 2017.

The company has reported a rise of 32.37% in its net profit at Rs 8.22 crore for the quarter under review as compared to Rs 6.21 crore for the same quarter in the previous year. Total income of the company increased by 2.69% at Rs 1067.46 crore for Q1FY18 as compared Rs 1039.49 crore for the corresponding quarter previous year.

National Steel and Agro Industries processes hot rolled (HR) steel to produce cost effective, quality steel products that find application across industries as diverse as construction, automobile, packaging and agriculture.

Peers
Company Name CMP
JSW Steel 1255.00
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Steel Authority 181.60
Jindal Stainless 746.95
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