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The topline surged 94.91% to Rs. 1344.53 millions for the March 2022 quarter as against Rs. 689.83 millions during the corresponding quarter last year.The Net Profit of the company slipped to Rs. 77.42 millions from Rs. 283.91 millions, a decline of -72.73% on QoQ basis.The company reported a good operating profit of 214.56 millions compared to 74.26 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 1344.53 689.83 94.91 4106.79 2501.75 64.16 4106.79 2501.75 64.16
Other Income 3.15 0.93 238.71 5.80 5.11 13.50 5.80 5.11 13.50
PBIDT 214.56 74.26 188.93 627.59 329.57 90.43 627.59 329.57 90.43
Interest 62.12 -363.64 -117.08 233.90 340.71 -31.35 233.90 340.71 -31.35
PBDT 152.44 437.90 -65.19 393.69 -11.14 -3634.02 393.69 -11.14 -3634.02
Depreciation 52.71 53.46 -1.40 214.41 216.87 -1.13 214.41 216.87 -1.13
PBT 99.73 384.44 -74.06 179.28 -228.01 -178.63 179.28 -228.01 -178.63
TAX 22.31 100.53 -77.81 42.63 -60.15 -170.87 42.63 -60.15 -170.87
Deferred Tax 23.97 100.53 -76.16 44.29 -60.15 -173.63 44.29 -60.15 -173.63
PAT 77.42 283.91 -72.73 136.65 -167.86 -181.41 136.65 -167.86 -181.41
Equity 638.30 625.73 2.01 638.30 625.73 2.01 638.30 625.73 2.01
PBIDTM(%) 15.96 10.76 48.24 15.28 13.17 16.00 15.28 13.17 16.00
Peers
Company Name CMP
JSW Steel 1308.00
Tata Steel 185.95
Steel Authority 184.00
Jindal Stainless 762.35
APL Apollo Tubes 2198.00
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