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The sales is pegged at Rs. 161.12 millions for the December 2022 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 229.84 millions during the year-ago period.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 2021The company reported a degrowth in operating Profit to 43.33 millions from 52.74 millions.


(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 1354.00
Tata Steel 189.50
Steel Authority 170.80
Jindal Stainless 704.45
APL Apollo Tubes 2186.95
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