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Modern Steels - Quaterly Results

23 Mar 2022 Evaluate
The revenue zoomed 17.10% to Rs. 273.20 millions for the quarter ended December 2021 as compared to Rs. 233.30 millions during the corresponding quarter last year.The Total Profit for the quarter ended December 2021 of Rs. 3.20 millions grew from Rs.-105.50 millions Operating profit Margin for the quarter ended December 2021 improved to 1.10% as compared to -90.10% 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 273.20 233.30 17.10 927.70 462.70 100.50 835.30 2114.60 -60.50
Other Income 4.00 14.80 -72.97 5.20 19.20 -72.92 37.10 3.80 876.32
PBIDT 1.10 -90.10 -101.22 -1.10 -214.90 -99.49 -171.70 -455.30 -62.29
Interest 0.00 1.40 0.00 1.60 4.00 -60.00 4.60 3.90 17.95
PBDT 14.80 -91.50 -116.17 11.00 -218.90 -105.03 434.90 -445.40 -197.64
Depreciation 11.60 14.00 -17.14 35.90 38.20 -6.02 48.70 48.60 0.21
PBT 3.20 -105.50 -103.03 -24.90 -257.10 -90.32 386.20 -494.00 -178.18
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 3.20 -105.50 -103.03 -24.90 -257.10 -90.32 386.20 -494.00 -178.18
Equity 144.00 144.00 0.00 144.00 144.00 0.00 144.00 144.00 0.00
PBIDTM(%) 0.40 -38.62 -101.04 -0.12 -46.44 -99.74 -20.56 -21.53 -4.53
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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