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A decent increase of about 37.82% in the sales to Rs. 38016.40 millions was observed for the quarter ended March 2022. The sales figure stood at Rs. 27584.70 millions during the year-ago period.Net profit for the quarter ended March 2022 increased significantly by 58.04% to Rs. 3570.50 millions from Rs. 2259.30 millions.The company reported a good operating profit of 5671.70 millions compared to 3881.90 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 38016.40 27584.70 37.82 135492.90 83997.00 61.31 135492.90 83997.00 61.31
Other Income 306.30 241.20 26.99 1140.90 952.60 19.77 1140.90 952.60 19.77
PBIDT 5671.70 3881.90 46.11 20540.80 10978.30 87.10 20540.80 10978.30 87.10
Interest 307.30 416.70 -26.25 1124.30 2357.10 -52.30 1124.30 2357.10 -52.30
PBDT 5364.40 3629.90 47.78 19416.50 9021.90 115.22 19416.50 9021.90 115.22
Depreciation 551.50 647.80 -14.87 2269.00 2658.90 -14.66 2269.00 2658.90 -14.66
PBT 4812.90 2982.10 61.39 17147.50 6363.00 169.49 17147.50 6363.00 169.49
TAX 1242.40 722.80 71.89 4395.20 1585.20 177.26 4395.20 1585.20 177.26
Deferred Tax -60.50 37.90 -259.63 -61.00 -218.00 -72.02 -61.00 -218.00 -72.02
PAT 3570.50 2259.30 58.04 12752.30 4777.80 166.91 12752.30 4777.80 166.91
Equity 471.90 471.90 0.00 471.90 471.90 0.00 471.90 471.90 0.00
PBIDTM(%) 14.92 14.07 6.01 15.16 13.07 15.99 15.16 13.07 15.99
Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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