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Venus Pipes & Tubes - Quaterly Results

29 Jun 2022 Evaluate
The revenue for the March 2022 quarter is pegged at Rs. 1101.83 millions, about 19.19% up against Rs. 924.44 millions recorded during the year-ago period.Profit saw a slight increase of 21.88%to Rs. 80.72  millions from Rs. 66.23 millions.OP of the company witnessed a marginal growth to 143.36 millions from 120.82 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 1101.83 924.44 19.19 3869.52 3093.31 25.09 3869.52 3093.31 25.09
Other Income 6.12 18.13 -66.24 21.23 27.00 -21.37 21.23 27.00 -21.37
PBIDT 143.36 120.82 18.66 513.59 374.77 37.04 513.59 374.77 37.04
Interest 27.96 24.72 13.11 70.57 55.61 26.90 70.57 55.61 26.90
PBDT 115.40 96.10 20.08 443.02 319.16 38.81 443.02 319.16 38.81
Depreciation 3.67 3.58 2.51 14.25 9.65 47.67 14.25 9.65 47.67
PBT 111.73 92.52 20.76 428.77 309.51 38.53 428.77 309.51 38.53
TAX 31.01 26.29 17.95 112.10 73.18 53.18 112.10 73.18 53.18
Deferred Tax 0.81 -0.06 -1450.00 3.09 -6.46 -147.83 3.09 -6.46 -147.83
PAT 80.72 66.23 21.88 316.67 236.33 33.99 316.67 236.33 33.99
Equity 152.22 87.33 74.30 152.22 87.33 74.30 152.22 87.33 74.30
PBIDTM(%) 13.01 13.07 -0.45 13.27 12.12 9.55 13.27 12.12 9.55
Peers
Company Name CMP
JSW Steel 1266.00
Tata Steel 184.70
Steel Authority 174.00
Jindal Stainless 743.45
APL Apollo Tubes 2180.20
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