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Modern Steels - Quaterly Results

17 Oct 2020 Evaluate
The Sales for the quarter ended June 2020 of Rs. 27.50 million declined by -96.32% from Rs. 747.60 millions.The Net Loss for the quarter ended June 2020 is Rs. -65.70 millions as compared to Net Profit of Rs. 2.40 millions of corresponding quarter ended June 2019Operating profit Margin for the quarter ended June 2020 slipped to -53.60% as compared to 21.10% of corresponding quarter ended June 2019


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202006 201906 % Var 202006 201906 % Var 201903 201803 % Var
Sales 27.50 747.60 -96.32 2142.10 3963.40 -45.95 3215.60 3875.30 -17.02
Other Income 1.10 1.00 10.00 4.90 19.40 -74.74 18.40 16.60 10.84
PBIDT -53.60 21.10 -354.03 -508.80 -162.00 214.07 -182.70 -230.30 -20.67
Interest 0.10 6.00 -98.33 3.90 23.70 -83.54 17.70 17.90 -1.12
PBDT -53.70 15.10 -455.63 -498.90 -185.70 168.66 -200.40 -248.20 -19.26
Depreciation 12.00 12.70 -5.51 60.70 64.40 -5.75 51.70 54.10 -4.44
PBT -65.70 2.40 -2837.50 -559.60 -250.10 123.75 -252.10 -302.30 -16.61
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -65.70 2.40 -2837.50 -559.60 -250.10 123.75 -252.10 -302.30 -16.61
Equity 144.00 144.00 0.00 144.00 144.00 0.00 144.00 144.00 0.00
PBIDTM(%) -194.91 2.82 -7005.79 -23.75 -4.09 481.11 -5.68 -5.94 -4.39
Peers
Company Name CMP
JSW Steel 1296.10
Tata Steel 190.80
Steel Authority 184.55
Jindal Stainless 758.65
APL Apollo Tubes 2194.30
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