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Remi Edelstahl Tub. - Quaterly Results

10 Nov 2022 Evaluate
An increase of about 93.33% to Rs. 353.67 millions in the topline was observed for the quarter ended September 2022. The topline stood at Rs. 182.94 millions during the similar quarter previous year.The Company to register a -41.67%  fall in the net profit for the quarter ended September 2022.Operating profit surged to 12.69 millions from the corresponding previous quarter of 11.14 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 353.67 182.94 93.33 711.97 351.00 102.84 1055.96 821.16 28.59
Other Income 1.97 2.29 -13.97 2.47 4.16 -40.63 5.88 8.70 -32.41
PBIDT 12.69 11.14 13.91 27.66 25.14 10.02 66.22 56.76 16.67
Interest 3.04 1.02 198.04 6.84 3.87 76.74 7.31 12.14 -39.79
PBDT 9.65 10.12 -4.64 20.82 21.27 -2.12 58.91 44.62 32.03
Depreciation 9.17 9.62 -4.68 18.32 19.10 -4.08 38.17 42.24 -9.64
PBT 0.48 0.50 -4.00 2.50 2.17 15.21 20.74 2.38 771.43
TAX 0.20 0.02 900.00 0.71 0.40 77.50 14.32 0.24 5866.67
Deferred Tax 0.20 0.02 900.00 0.71 0.40 77.50 5.07 0.16 3068.75
PAT 0.28 0.48 -41.67 1.79 1.77 1.13 6.42 2.14 200.00
Equity 109.82 109.82 0.00 109.82 109.82 0.00 109.82 109.82 0.00
PBIDTM(%) 3.59 6.09 -41.08 3.88 7.16 -45.76 6.27 6.91 -9.27
Peers
Company Name CMP
JSW Steel 1260.40
Tata Steel 188.10
Steel Authority 181.20
Jindal Stainless 741.60
APL Apollo Tubes 2211.00
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