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The revenue slipped marginally during the March 2022 quarter. A decline of about Rs. 20.60 millions was observed as compared to Rs. 20.72 millions during the corresponding quarter last year.The company almost doubled its revenue to Rs. 3.40 millions  from Rs. 0.10 millions in the quarter ended March 2022.The company reported a good operating profit of 4.16 millions compared to 0.84 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 20.60 20.72 -0.58 61.22 61.54 -0.52 61.22 61.54 -0.52
Other Income 1.01 1.26 -19.84 4.29 4.25 0.94 4.29 4.25 0.94
PBIDT 4.16 0.84 395.24 1.58 1.77 -10.73 1.58 1.77 -10.73
Interest 0.44 0.41 7.32 1.42 1.39 2.16 1.42 1.39 2.16
PBDT 3.72 0.43 765.12 0.16 0.38 -57.89 0.16 0.38 -57.89
Depreciation 0.32 0.33 -3.03 1.32 1.32 0.00 1.32 1.32 0.00
PBT 3.40 0.10 3300.00 -1.16 -0.94 23.40 -1.16 -0.94 23.40
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 3.40 0.10 3300.00 -1.16 -0.94 23.40 -1.16 -0.94 23.40
Equity 59.15 59.15 0.00 59.15 59.15 0.00 59.15 59.15 0.00
PBIDTM(%) 20.19 4.05 398.12 2.58 2.88 -10.27 2.58 2.88 -10.27
Peers
Company Name CMP
JSW Steel 1345.00
Tata Steel 184.90
Steel Authority 169.80
Jindal Stainless 691.05
APL Apollo Tubes 2180.10
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