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The sales moved up 39.45% to Rs. 1418.19 millions for the March 2022 quarter as compared to Rs. 1016.99 millions during the year-ago period.Net profit of the cmpany stood at Rs. 9.49 millions for the quarter ended March 2022 a decline of -54.74% from Rs. 20.97 millions  in the same quarter last year.A decline of 42.52 millions was observed in the OP in the quarter ended March 2022 from 62.38 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 1418.19 1016.99 39.45 4953.25 2509.06 97.41 4953.25 2509.06 97.41
Other Income 3.45 2.99 15.38 4.38 4.49 -2.45 4.38 4.49 -2.45
PBIDT 42.52 62.38 -31.84 158.79 130.84 21.36 158.79 130.84 21.36
Interest 11.71 18.82 -37.78 50.28 64.58 -22.14 50.28 64.58 -22.14
PBDT 30.81 43.56 -29.27 108.51 68.07 59.41 108.51 68.07 59.41
Depreciation 15.16 14.14 7.21 59.29 55.41 7.00 59.29 55.41 7.00
PBT 15.65 29.42 -46.80 49.22 12.66 288.78 49.22 12.66 288.78
TAX 6.16 8.45 -27.10 17.74 7.15 148.11 17.74 7.15 148.11
Deferred Tax -1.19 -2.54 -53.15 -4.61 -5.65 -18.41 -4.61 -5.65 -18.41
PAT 9.49 20.97 -54.74 31.48 5.51 471.32 31.48 5.51 471.32
Equity 164.34 147.70 11.27 164.34 147.70 11.27 164.34 147.70 11.27
PBIDTM(%) 3.00 6.13 -51.12 3.21 5.21 -38.52 3.21 5.21 -38.52
Peers
Company Name CMP
JSW Steel 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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