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Steel Strips Wheels reports Profit after tax of Rs 627.43 Mln, in the June 2021 quarter

12 Jul 2021 Evaluate
The Total revenue for the quarter ended June 2021 of  Rs. 6781.27 millions grew by 463.86% from Rs. 1202.66 millions.The Total Profit for the quarter ended June 2021 of Rs. 627.43 millions grew from Rs.-380.91 millionsOperating profit for the quarter ended June 2021 rose to 1000.29 millions as compared to 32.06 millions of corresponding quarter ended June 2020.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202106 202006 % Var 202106 202006 % Var 202103 202003 % Var
Sales 6781.27 1202.66 463.86 6781.27 1202.66 463.86 17494.15 15633.45 11.90
Other Income 22.73 8.68 161.87 22.73 8.68 161.87 163.18 221.10 -26.20
PBIDT 1000.29 32.06 3020.06 1000.29 32.06 3020.06 2200.72 1933.05 13.85
Interest 197.26 225.82 -12.65 197.26 225.82 -12.65 839.31 886.65 -5.34
PBDT 803.03 -193.76 -514.45 803.03 -193.76 -514.45 1361.40 1046.40 30.10
Depreciation 175.60 173.76 1.06 175.60 173.76 1.06 723.11 719.38 0.52
PBT 627.43 -367.52 -270.72 627.43 -367.52 -270.72 638.29 327.02 95.18
TAX 0.00 13.39 0.00 0.00 13.39 0.00 145.79 92.51 57.59
Deferred Tax 0.00 13.39 0.00 0.00 13.39 0.00 100.44 114.27 -12.10
PAT 627.43 -380.91 -264.72 627.43 -380.91 -264.72 492.50 234.51 110.01
Equity 0.00 155.90 0.00 0.00 155.90 0.00 156.09 155.90 0.12
PBIDTM(%) 14.75 2.67 453.33 14.75 2.67 453.33 12.58 12.36 1.74
Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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