Steel Exchange India announced that the 21st Annual General Meeting (AGM) of the company will be held on 30 September 2020.

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Net profit of Steel Exchange India declined 96.61% to Rs 0.82 crore in the quarter ended June 2020 as against Rs 24.19 crore during the previous quarter ended June 2019. Sales declined 59.08% to Rs 91.73 crore in the quarter ended June 2020 as against Rs 224.17 crore during the previous quarter ended June 2019.

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Steel Exchange India will hold a meeting of the Board of Directors of the Company on 2 September 2020.

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Net profit of Steel Exchange India reported to Rs 18.73 crore in the quarter ended March 2020 as against net loss of Rs 75.60 crore during the previous quarter ended March 2019. Sales declined 26.62% to Rs 182.06 crore in the quarter ended March 2020 as against Rs 248.11 crore during the previous quarter ended March 2019.

For the full year,net profit reported to Rs 64.30 crore in the year ended March 2020 as against net loss of Rs 36.68 crore during the previous year ended March 2019. Sales declined 23.74% to Rs 780.82 crore in the year ended March 2020 as against Rs 1023.94 crore during the previous year ended March 2019.

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