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The sales declined to Rs. 161.12 millions for the December 2022 quarter as compared to Rs. 229.84 millions during the corresponding quarter last year.The Net Loss for the quarter ended December 2022 is Rs. -176.60 millions as compared to Net Loss of Rs. -60.35 millions of corresponding quarter ended December 2021Operating profit for the quarter ended December 2022 decreased to 43.33 millions as compared to 52.74 millions of corresponding quarter ended December 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 161.12 229.84 -29.90 455.46 559.88 -18.65 791.24 731.32 8.19
Other Income 0.00 0.17 0.00 0.38 0.92 -58.70 0.85 11.94 -92.88
PBIDT 43.33 52.74 -17.84 107.14 78.97 35.67 100.24 20.19 396.48
Interest 149.03 42.59 249.92 448.34 451.61 -0.72 576.69 742.05 -22.28
PBDT -105.70 10.15 -1141.38 -341.20 -392.19 -13.00 37.59 -721.86 -105.21
Depreciation 70.90 70.50 0.57 211.87 210.77 0.52 280.79 268.74 4.48
PBT -176.60 -60.35 192.63 -553.07 -602.96 -8.27 -243.20 -990.60 -75.45
TAX 0.00 0.00 0.00 0.00 2.65 0.00 2.65 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -176.60 -60.35 192.63 -553.07 -605.61 -8.68 -245.85 -990.60 -75.18
Equity 116.13 116.13 0.00 116.13 116.13 0.00 116.12 116.13 -0.01
PBIDTM(%) 26.89 22.95 17.20 23.52 14.10 66.78 12.67 2.76 358.88
Peers
Company Name CMP
JSW Steel 1261.70
Tata Steel 186.45
Steel Authority 184.85
Jindal Stainless 745.30
APL Apollo Tubes 2184.30
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