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Kalyani Steels reports Profit after tax of Rs 236.32 Mln, in the June 2022 quarter

08 Aug 2022 Evaluate
The sales moved up 26.48% to Rs. 4929.26 millions for the June 2022 quarter as compared to Rs. 3897.23 millions during the year-ago period.Profit after Tax for the quarter ended June 2022 saw a decline of -66.21% from Rs. 699.45 millions to Rs. 236.32  millions.Operating profit for the quarter ended June 2022 decreased to 485.75 millions as compared to 1075.69 millions of corresponding quarter ended June 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 4929.26 3897.23 26.48 4929.26 3897.23 26.48 17060.30 11879.94 43.61
Other Income 126.50 118.24 6.99 126.50 118.24 6.99 463.56 425.35 8.98
PBIDT 485.75 1075.69 -54.84 485.75 1075.69 -54.84 3849.21 3059.58 25.81
Interest 48.60 31.88 52.45 48.60 31.88 52.45 132.09 67.70 95.11
PBDT 437.15 1043.81 -58.12 437.15 1043.81 -58.12 3717.12 2991.88 24.24
Depreciation 116.27 108.88 6.79 116.27 108.88 6.79 458.76 441.51 3.91
PBT 320.88 934.93 -65.68 320.88 934.93 -65.68 3258.36 2550.37 27.76
TAX 84.56 235.48 -64.09 84.56 235.48 -64.09 829.21 647.35 28.09
Deferred Tax -15.44 -12.52 23.32 -15.44 -12.52 23.32 -56.79 -37.15 52.87
PAT 236.32 699.45 -66.21 236.32 699.45 -66.21 2429.15 1903.02 27.65
Equity 218.64 218.64 0.00 218.64 218.64 0.00 218.64 218.64 0.00
PBIDTM(%) 9.85 27.60 -64.30 9.85 27.60 -64.30 22.56 25.75 -12.39
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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