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TN Steel & Tubes - Quaterly Results

21 May 2022 Evaluate
The sales surged to Rs. 204.06 millions, up 36.72% for the March 2022 quarter as against Rs. 149.25 millions during the corresponding quarter previous year.The Total Profit for the quarter ended March 2022 of Rs. 0.45 millions grew from Rs.-12.48 millions Operating profit Margin for the quarter ended March 2022 improved to 1.52% as compared to -3.44% of corresponding quarter ended March 2021


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 204.06 149.25 36.72 773.54 519.80 48.81 773.54 519.80 48.81
Other Income 0.12 2.40 -95.00 0.66 3.55 -81.41 0.66 3.55 -81.41
PBIDT 1.52 -3.44 -144.19 12.49 4.78 161.30 12.49 4.78 161.30
Interest 0.32 0.29 10.34 1.14 0.44 159.09 1.14 0.44 159.09
PBDT 1.20 -3.73 -132.17 11.35 4.34 161.52 11.35 4.34 161.52
Depreciation 0.64 0.84 -23.81 2.52 3.23 -21.98 2.52 3.23 -21.98
PBT 0.56 -4.57 -112.25 8.83 1.11 695.50 8.83 1.11 695.50
TAX 0.11 7.91 -98.61 3.63 7.91 -54.11 3.63 7.91 -54.11
Deferred Tax 0.03 0.00 0.00 0.05 0.00 0.00 0.05 0.00 0.00
PAT 0.45 -12.48 -103.61 5.20 -6.80 -176.47 5.20 -6.80 -176.47
Equity 51.25 51.25 0.00 51.25 51.25 0.00 51.25 51.25 0.00
PBIDTM(%) 0.74 -2.30 -132.32 1.61 0.92 75.59 1.61 0.92 75.59
Peers
Company Name CMP
JSW Steel 1252.85
Tata Steel 170.70
Steel Authority 170.35
Jindal Stainless 705.10
APL Apollo Tubes 2204.00
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