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Meenakshi Steel - Quaterly Results

26 May 2022 Evaluate
The company witnessed a 6.59% growth in the revenue at Rs. 54.19 millions for the quarter ended March 2022 as compared to Rs. 50.84 millions during the year-ago period.A big loss of -96.50% reported for the quarter ended March 2022 to Rs. 7.88  millions from Rs. 225.43 millions.Operating profit for the quarter ended March 2022 rose to 54.04 millions as compared to 49.24 millions 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 54.19 50.84 6.59 196.09 135.32 44.91 196.09 135.32 44.91
Other Income 0.00 0.00 0.00 5.59 5.49 1.82 5.59 5.49 1.82
PBIDT 54.04 49.24 9.75 199.62 135.62 47.19 199.62 135.62 47.19
Interest 43.66 33.51 30.29 142.56 74.07 92.47 142.56 74.07 92.47
PBDT 10.38 15.73 -34.01 57.06 61.55 -7.29 57.06 61.55 -7.29
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 10.38 15.73 -34.01 57.06 61.55 -7.29 57.06 61.55 -7.29
TAX 2.50 -209.70 -101.19 14.50 17.00 -14.71 14.50 17.00 -14.71
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 7.88 225.43 -96.50 42.56 44.55 -4.47 42.56 44.55 -4.47
Equity 19.92 19.92 0.00 19.92 19.92 0.00 19.92 19.92 0.00
PBIDTM(%) 99.72 96.85 2.96 101.80 100.22 1.58 101.80 100.22 1.58
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