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Kalyani Steels reports Profit after tax of Rs 699.45 Mln, in the June 2021 quarter

02 Aug 2021 Evaluate
An increase of about 221.59% to Rs. 3897.23 millions in the total revenue was observed for the quarter ended June 2021. The total revenue was pegged at Rs. 1211.85 millions during the similar quarter previous year.Net Profit witnessed a 697.64% growth almost the double from Rs. 87.69 millions to Rs. 699.45  millions  of same quarter last year.Operating profit for the quarter ended June 2021 rose to 1075.69 millions as compared to 243.43 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 3897.23 1211.85 221.59 3897.23 1211.85 221.59 11879.94 11989.28 -0.91
Other Income 118.24 100.39 17.78 118.24 100.39 17.78 425.35 232.63 82.84
PBIDT 1075.69 243.43 341.89 1075.69 243.43 341.89 3059.58 2185.64 39.99
Interest 31.88 13.29 139.88 31.88 13.29 139.88 67.70 80.46 -15.86
PBDT 1043.81 230.14 353.55 1043.81 230.14 353.55 2991.88 2105.18 42.12
Depreciation 108.88 113.80 -4.32 108.88 113.80 -4.32 441.51 426.15 3.60
PBT 934.93 116.34 703.62 934.93 116.34 703.62 2550.37 1679.03 51.90
TAX 235.48 28.65 721.92 235.48 28.65 721.92 647.35 307.85 110.28
Deferred Tax -12.52 -8.35 49.94 -12.52 -8.35 49.94 -37.15 -165.04 -77.49
PAT 699.45 87.69 697.64 699.45 87.69 697.64 1903.02 1371.18 38.79
Equity 218.64 218.64 0.00 218.64 218.64 0.00 218.64 218.64 0.00
PBIDTM(%) 27.60 20.09 37.41 27.60 20.09 37.41 25.75 18.23 41.27
Peers
Company Name CMP
JSW Steel 1256.80
Tata Steel 188.00
Steel Authority 175.15
Jindal Stainless 724.30
APL Apollo Tubes 2144.70
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