Sunflag Iron & Steel Company will hold a meeting of the Board of Directors of the Company on 28 September 2017.

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Net profit of Sunflag Iron & Steel Company rose 37.93% to Rs 25.49 crore in the quarter ended June 2017 as against Rs 18.48 crore during the previous quarter ended June 2016. Sales rose 32.52% to Rs 473.45 crore in the quarter ended June 2017 as against Rs 357.27 crore during the previous quarter ended June 2016.

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Net profit of Sunflag Iron & Steel Company rose 103.23% to Rs 12.58 crore in the quarter ended March 2017 as against Rs 6.19 crore during the previous quarter ended March 2016. Sales rose 8.77% to Rs 395.82 crore in the quarter ended March 2017 as against Rs 363.91 crore during the previous quarter ended March 2016.

For the full year,net profit rose 14.72% to Rs 65.17 crore in the year ended March 2017 as against Rs 56.81 crore during the previous year ended March 2016. Sales declined 5.05% to Rs 1509.66 crore in the year ended March 2017 as against Rs 1589.88 crore during the previous year ended March 2016.

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Sunflag Iron & Steel Company will hold a meeting of the Board of Directors of the Company on 26 May 2017, to consider, review and take on records (approval) of, the Audited Financial Statements (Standalone & Consolidated) for the year ended 31st March 2017 and Statement of Audited Financial Results together with Statement of Assets and Liabilities (Standalone & Consolidated) for the Fourth Quarter (Q-4), Half-Year (H-2) and Year ended 31st March 2017, amongst others..

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