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MSP Steel & Power - Quaterly Results

12 Feb 2022 Evaluate
A fair growth of 23.27% in the revenue at Rs. 5885.45 millions was reported in the December 2021 quarter as compared to Rs. 4774.34 millions during year-ago period.The Net Loss for the quarter ended December 2021 is Rs. -67.28 millions as compared to Net Profit of Rs. 22.03 millions of corresponding quarter ended December 2020Operating profit for the quarter ended December 2021 decreased to 255.46 millions as compared to 359.80 millions of corresponding quarter ended December 2020.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202103 202003 % Var
Sales 5885.45 4774.34 23.27 16867.02 11647.85 44.81 17231.34 15327.27 12.42
Other Income 2.26 1.48 52.70 7.88 7.21 9.29 9.10 23.61 -61.46
PBIDT 255.46 359.80 -29.00 1066.70 975.83 9.31 1433.77 729.29 96.60
Interest 182.57 193.48 -5.64 535.67 613.86 -12.74 792.52 854.99 -7.31
PBDT 72.89 166.32 -56.17 531.03 361.97 46.71 641.25 -141.42 -553.44
Depreciation 138.49 134.45 3.00 411.40 405.04 1.57 554.84 537.86 3.16
PBT -65.60 31.87 -305.84 119.63 -43.07 -377.76 86.41 -679.28 -112.72
TAX 1.68 9.84 -82.93 5.36 21.48 -75.05 35.86 76.31 -53.01
Deferred Tax 1.68 9.84 -82.93 5.36 21.48 -75.05 35.86 75.13 -52.27
PAT -67.28 22.03 -405.40 114.27 -64.55 -277.03 50.55 -755.59 -106.69
Equity 3854.15 3854.15 0.00 3854.15 3854.15 0.00 3854.15 3854.15 0.00
PBIDTM(%) 4.34 7.54 -42.40 6.32 8.38 -24.51 8.32 4.76 74.87
Peers
Company Name CMP
JSW Steel 1278.30
Tata Steel 188.40
Steel Authority 184.00
Jindal Stainless 739.60
APL Apollo Tubes 2184.00
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