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Welcast Steels - Quaterly Results

08 Nov 2022 Evaluate
A decrease of about -44.04% in the sales to Rs. 95.73 millions was observed for the quarter ended September 2022. The sales stood at Rs. 171.07 millions during the similar quarter previous year.Modest increase of 24.23% in the Net Profit was reported from. 8.71 millions to Rs. 10.82  millions.Operating profit surged to 15.84 millions from the corresponding previous quarter of 11.47 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 95.73 171.07 -44.04 528.60 206.30 156.23 859.70 979.54 -12.23
Other Income 1.20 0.76 57.89 2.98 1.40 112.86 7.22 4.59 57.30
PBIDT 15.84 11.47 38.10 62.84 -7.29 -962.00 7.20 3.11 131.51
Interest 0.82 0.18 355.56 1.28 0.30 326.67 1.76 2.83 -37.81
PBDT 15.02 11.29 33.04 61.56 -7.59 -911.07 5.44 0.28 1842.86
Depreciation 1.83 2.33 -21.46 4.53 4.62 -1.95 10.83 14.30 -24.27
PBT 13.19 8.96 47.21 57.03 -12.21 -567.08 -5.39 -14.02 -61.55
TAX 2.37 0.25 848.00 6.05 0.38 1492.11 -0.46 4.18 -111.00
Deferred Tax 0.06 0.25 -76.00 0.56 0.38 47.37 -0.46 4.18 -111.00
PAT 10.82 8.71 24.23 50.98 -12.59 -504.92 -4.93 -18.20 -72.91
Equity 6.38 6.38 0.00 6.38 6.38 0.00 6.38 6.38 0.00
PBIDTM(%) 16.55 6.70 146.78 11.89 -3.53 -436.42 0.84 0.32 163.78
Peers
Company Name CMP
AIA Engineering 3114.10
Alicon Castalloy 829.25
Nelcast 157.45
PTC Industries 24394.45
Synergy Green Inds. 546.80
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