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Suraj Products - Quaterly Results

20 May 2022 Evaluate
The sales for the March 2022 quarter moved down to Rs. 598.89 millions as compared to Rs. 712.38 millions during the year-ago period.Profit for the quarter ended March 2022 rises by 55.18% to Rs. 47.05  millions from Rs. 30.32 millions.A decline of 98.30 millions was observed in the OP in the quarter ended March 2022 from 108.71 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 598.89 712.38 -15.93 2368.52 2176.99 8.80 2368.52 2176.99 8.80
Other Income 0.87 0.43 102.33 2.87 2.11 36.02 2.87 2.11 36.02
PBIDT 98.30 108.71 -9.58 439.14 310.09 41.62 439.14 310.09 41.62
Interest 11.80 12.98 -9.09 44.79 70.64 -36.59 44.79 70.64 -36.59
PBDT 86.50 95.73 -9.64 394.35 239.45 64.69 394.35 239.45 64.69
Depreciation 22.64 23.88 -5.19 85.80 94.35 -9.06 85.80 94.35 -9.06
PBT 63.86 71.85 -11.12 308.55 145.10 112.65 308.55 145.10 112.65
TAX 16.81 41.53 -59.52 72.77 53.43 36.20 72.77 53.43 36.20
Deferred Tax 16.79 27.00 -37.81 17.87 26.66 -32.97 17.87 26.66 -32.97
PAT 47.05 30.32 55.18 235.78 91.67 157.21 235.78 91.67 157.21
Equity 114.00 114.00 0.00 114.00 114.00 0.00 114.00 114.00 0.00
PBIDTM(%) 16.41 15.26 7.56 18.54 14.24 30.16 18.54 14.24 30.16
Peers
Company Name CMP
JSW Steel 1247.40
Tata Steel 184.25
Steel Authority 173.95
Jindal Stainless 739.00
APL Apollo Tubes 2135.55
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