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Tinplate Company reports Profit after tax of Rs 561.56 Mln, in the March 2021 quarter

15 Apr 2021 Evaluate
The turnover zoomed to Rs. 7549.80 millions, up 59.83% for the March 2021 quarter as against Rs. 4723.66 millions during the year-ago period.The Net Profit of the company vaulted to 107.06% to Rs. 561.56  millions from Rs. 271.21 millions in the previous quarter.Operating Profit saw a handsome growth to 930.06 millions from 614.49 millions in the quarter ended March 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202003 201903 % Var
Sales 7549.80 4723.66 59.83 22813.69 21057.11 8.34 21057.12 25844.99 -18.53
Other Income 78.84 68.25 15.52 245.71 243.79 0.79 243.79 291.86 -16.47
PBIDT 930.06 614.49 51.35 2013.29 1758.56 14.49 1758.57 1624.47 8.26
Interest 30.57 63.22 -51.65 77.55 104.82 -26.02 104.82 71.50 46.60
PBDT 899.49 551.27 63.17 1935.74 1653.74 17.05 1653.75 1552.97 6.49
Depreciation 154.65 152.80 1.21 616.60 612.23 0.71 612.22 635.21 -3.62
PBT 744.84 398.47 86.92 1319.14 1041.51 26.66 1041.53 917.76 13.49
TAX 183.28 127.26 44.02 337.65 91.23 270.11 91.24 337.75 -72.99
Deferred Tax -8.99 -56.44 -84.07 -44.33 -321.99 -86.23 -321.98 -41.66 672.88
PAT 561.56 271.21 107.06 981.49 950.28 3.28 950.29 580.01 63.84
Equity 1047.98 1047.98 0.00 1047.98 1047.98 0.00 1047.98 1047.98 0.00
PBIDTM(%) 12.32 13.01 -5.30 8.82 8.35 5.67 8.35 6.29 32.87
Peers
Company Name CMP
JSW Steel 1354.00
Tata Steel 187.20
Steel Authority 177.60
Jindal Stainless 711.45
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