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MoneyWorks4Me

Meenakshi Steel - Quaterly Results

11 Feb 2022 Evaluate
The turnover zoomed to Rs. 62.01 millions, up 65.32% for the December 2021 quarter as against Rs. 37.51 millions during the year-ago period.The Total Profit for the quarter ended December 2021 of Rs. 18.08 millions grew from Rs.-206.65 millionsOP of the company witnessed a marginal growth to 59.99 millions from 36.65 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202103 202003 % Var
Sales 62.01 37.51 65.32 141.91 84.48 67.98 135.32 5.73 2261.61
Other Income -0.86 0.00 0.00 5.60 5.49 2.00 5.49 0.00 0.00
PBIDT 59.99 36.65 63.68 145.57 86.39 68.50 135.62 -38.96 -448.10
Interest 35.21 26.10 34.90 98.90 40.56 143.84 74.08 0.00 0.00
PBDT 24.78 10.55 134.88 46.67 45.83 1.83 61.54 -38.96 -257.96
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 24.78 10.55 134.88 46.67 45.83 1.83 61.54 -38.96 -257.96
TAX 6.70 217.20 -96.92 12.00 226.70 -94.71 17.00 167.00 -89.82
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 18.08 -206.65 -108.75 34.67 -180.87 -119.17 44.54 -205.96 -121.63
Equity 19.92 19.92 0.00 19.92 19.92 0.00 19.92 19.92 0.00
PBIDTM(%) 96.74 97.71 -0.99 102.58 102.26 0.31 100.22 -679.93 -114.74
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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