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Welspun Corp reports Profit after tax of Rs 1457.30 Mln, in the September 2022 quarter

03 Nov 2022 Evaluate
A decent increase of about 32.53% in the sales to Rs. 15338.00 millions was observed for the quarter ended September 2022. The sales figure stood at Rs. 11573.30 millions during the year-ago period.Net Profit witnessed a 322.28% growth almost the double from Rs. 345.10 millions to Rs. 1457.30  millions  of same quarter last year.Operating profit for the quarter ended September 2022 rose to 2535.20 millions as compared to 924.60 millions of corresponding quarter ended September 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 15338.00 11573.30 32.53 29187.40 20752.50 40.65 52878.70 52854.10 0.05
Other Income 1806.10 547.40 229.94 2589.00 884.70 192.64 4826.20 8649.00 -44.20
PBIDT 2535.20 924.60 174.19 4023.30 2149.70 87.16 7870.20 14780.10 -46.75
Interest 312.50 173.90 79.70 571.90 325.40 75.75 768.80 579.40 32.69
PBDT 2222.70 750.70 196.08 3451.40 1824.30 89.19 7101.40 14200.70 -49.99
Depreciation 263.50 282.60 -6.76 528.80 570.10 -7.24 1152.80 1096.80 5.11
PBT 1959.20 468.10 318.54 2922.60 1254.20 133.03 5948.60 13103.90 -54.60
TAX 501.90 123.00 308.05 660.30 321.80 105.19 1091.40 2852.60 -61.74
Deferred Tax 197.70 -13.70 -1543.07 123.70 -78.70 -257.18 -3.20 -1037.00 -99.69
PAT 1457.30 345.10 322.28 2262.30 932.40 142.63 4857.20 10251.30 -52.62
Equity 1307.60 1304.70 0.22 1307.60 1304.70 0.22 1304.70 1304.40 0.02
PBIDTM(%) 16.53 7.99 106.89 13.78 10.36 33.07 14.88 27.96 -46.78
Peers
Company Name CMP
JSW Steel 1261.00
Tata Steel 186.00
Steel Authority 184.45
Jindal Stainless 745.30
APL Apollo Tubes 2200.00
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