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Venus Pipes & Tubes - Quaterly Results

31 Jan 2023 Evaluate
The sales figure stood at Rs. 1361.07 millions for the December 2022 quarter. The mentioned figure indicates a growth of about 28.11% as compared to Rs. 1062.43 millions during the year-ago period.An average growth of 41.64% was recorded for the quarter ended December 2022 to Rs. 112.77  millions from Rs. 79.62 millions.The company reported a good operating profit of 178.40 millions compared to 129.88 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 1361.07 1062.43 28.11 3761.16 2767.69 35.90 3869.52 3093.31 25.09
Other Income 3.13 1.70 84.12 18.55 15.11 22.77 21.23 27.00 -21.37
PBIDT 178.40 129.88 37.36 493.76 370.23 33.37 513.59 374.77 37.04
Interest 22.58 17.05 32.43 68.25 42.61 60.17 70.57 55.61 26.90
PBDT 155.82 112.83 38.10 425.51 327.62 29.88 443.02 319.16 38.81
Depreciation 5.23 3.64 43.68 13.70 10.58 29.49 14.25 9.65 47.67
PBT 150.59 109.19 37.92 411.81 317.04 29.89 428.77 309.51 38.53
TAX 37.82 29.57 27.90 104.03 81.09 28.29 112.10 73.18 53.18
Deferred Tax 1.08 1.37 -21.17 3.50 2.28 53.51 3.09 -6.46 -147.83
PAT 112.77 79.62 41.64 307.78 235.95 30.44 316.67 236.33 33.99
Equity 202.96 152.22 33.33 202.96 152.22 33.33 152.22 87.33 74.30
PBIDTM(%) 13.11 12.22 7.22 13.13 13.38 -1.86 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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