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MSP Steel & Power - Quaterly Results

14 Nov 2022 Evaluate
A minor change in the total revenue was seen in the September 2022 quarter. The total revenue for the quarter stood at Rs. 5868.06 millions against Rs. 5717.39 millions during year ago period.The Net Loss for the quarter ended September 2022 is Rs. -608.71 millions as compared to Net Profit of Rs. 94.28 millions of corresponding quarter ended September 2021Operating profit Margin for the quarter ended September 2022 slipped to -326.64% as compared to 424.39% of corresponding quarter ended September 2021


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 5868.06 5717.39 2.64 12113.24 10981.57 10.31 23395.79 17231.34 35.77
Other Income 11.96 3.89 207.46 17.37 5.62 209.07 33.94 9.10 272.97
PBIDT -326.64 424.39 -176.97 -183.87 811.24 -122.67 1586.23 1433.77 10.63
Interest 182.98 191.85 -4.62 370.20 353.10 4.84 741.71 792.52 -6.41
PBDT -509.62 232.54 -319.15 -554.07 458.14 -220.94 926.29 641.25 44.45
Depreciation 135.77 137.49 -1.25 271.15 272.91 -0.64 544.65 554.84 -1.84
PBT -645.39 95.05 -779.00 -825.22 185.23 -545.51 381.64 86.41 341.66
TAX -36.68 0.77 -4863.64 -70.72 3.68 -2021.74 42.11 35.86 17.43
Deferred Tax -36.68 0.77 -4863.64 -70.72 3.68 -2021.74 42.11 35.86 17.43
PAT -608.71 94.28 -745.64 -754.50 181.55 -515.59 339.53 50.55 571.67
Equity 3854.15 3854.15 0.00 3854.15 3854.15 0.00 3854.15 3854.15 0.00
PBIDTM(%) -5.57 7.42 -174.99 -1.52 7.39 -120.55 6.78 8.32 -18.52
Peers
Company Name CMP
JSW Steel 1278.30
Tata Steel 188.40
Steel Authority 184.00
Jindal Stainless 739.60
APL Apollo Tubes 2184.00
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