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Remi Edelstahl Tub. - Quaterly Results

09 Feb 2023 Evaluate
The sales declined to Rs. 250.49 millions for the December 2022 quarter as compared to Rs. 268.92 millions during the corresponding quarter last year.The Net Loss for the quarter ended December 2022 is Rs. -3.89 millions as compared to Net Profit of Rs. 3.66 millions of corresponding quarter ended December 2021Operating Profit reported a sharp decline to 8.71 millions from 15.75 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 250.49 268.92 -6.85 962.46 619.92 55.26 1055.96 821.16 28.59
Other Income 2.88 0.06 4700.00 5.35 4.22 26.78 5.88 8.70 -32.41
PBIDT 8.71 15.75 -44.70 36.37 40.89 -11.05 66.22 56.76 16.67
Interest 4.61 1.24 271.77 11.45 5.11 124.07 7.31 12.14 -39.79
PBDT 4.10 14.51 -71.74 24.92 35.78 -30.35 58.91 44.62 32.03
Depreciation 9.19 9.57 -3.97 27.51 28.67 -4.05 38.17 42.24 -9.64
PBT -5.09 4.94 -203.04 -2.59 7.11 -136.43 20.74 2.38 771.43
TAX -1.20 1.28 -193.75 -0.49 1.68 -129.17 14.32 0.24 5866.67
Deferred Tax -1.28 1.18 -208.47 -0.57 1.58 -136.08 5.07 0.16 3068.75
PAT -3.89 3.66 -206.28 -2.10 5.43 -138.67 6.42 2.14 200.00
Equity 109.82 109.82 0.00 109.82 109.82 0.00 109.82 109.82 0.00
PBIDTM(%) 3.48 5.86 -40.63 3.78 6.60 -42.71 6.27 6.91 -9.27
Peers
Company Name CMP
JSW Steel 1260.40
Tata Steel 188.10
Steel Authority 181.20
Jindal Stainless 741.60
APL Apollo Tubes 2211.00
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