During the year the Company has achieved sales turnover of Rs. 45580.55 Lacs. There is slightly decrease in Sales Turnover as compared to previous year's sales turnover of Rs. 68465.30 Lacs due to the Impact of Covid-19 on the worldwide economy. The Company has also registered the profit before tax of Rs. 262.99 Lacs as compared to previous year profit before tax of Rs. 126.12 Lacs. Outlook of the business has been discussed in detail in the “Management Discussion and Analysis” which forms a part of this Annual Report.  The COVID-19 pandemic has severely affected economies and industries globally and the steel industry is no exception. Therefore, outlook for the steel industry includes scenarios regarding the pandemic's speed of propagation, possible recurrence, near-term impact of measures being taken to contain the outbreak, and the effectiveness of the stimulus announced by the Governments of various nations.