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Ashirwad Steels &Ind - Quaterly Results

27 Jan 2023 Evaluate
Revenue reduced marginally to stand at Rs. 0.00 millions during the quarter ended December 2022. The figure stood at Rs. 2.70 millions during the year-ago period.The Company to register a -73.31%  fall in the net profit for the quarter ended December 2022.The company reported a degrowth in operating Profit to 3.44 millions from 7.99 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 0.00 2.70 0.00 3.80 8.10 -53.09 10.80 15.75 -31.43
Other Income 10.24 7.48 36.90 31.25 20.96 49.09 30.45 31.80 -4.25
PBIDT 3.44 7.99 -56.95 21.02 2.28 821.93 -1.67 0.63 -365.08
Interest 0.02 0.02 0.00 0.23 0.08 187.50 0.13 0.52 -75.00
PBDT 3.42 7.97 -57.09 179.55 2.20 8061.36 51.29 0.11 46527.27
Depreciation 0.20 0.90 -77.78 0.57 2.70 -78.89 3.52 3.60 -2.22
PBT 3.22 7.07 -54.46 178.98 -0.50 -35896.00 47.77 -3.49 -1468.77
TAX 1.28 -0.20 -740.00 16.79 -0.60 -2898.33 1.58 -0.33 -578.79
Deferred Tax 0.04 -0.20 -120.00 -0.31 -0.60 -48.33 -5.57 -0.34 1538.24
PAT 1.94 7.27 -73.31 162.19 0.10 162090.00 46.19 -3.16 -1561.71
Equity 125.00 125.00 0.00 125.00 125.00 0.00 125.00 125.00 0.00
PBIDTM(%) 0.00 295.93 0.00 553.16 28.15 1865.17 -15.46 4.00 -486.58
Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 183.75
Steel Authority 174.65
Jindal Stainless 744.25
APL Apollo Tubes 2163.50
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