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TN Steel & Tubes - Quaterly Results

11 Feb 2023 Evaluate
The Total revenue for the quarter ended December 2022 of  Rs. 208.39 millions remain, more or less, the same.The company almost doubled its revenue to Rs. 3.01 millions  from Rs. 0.46 millions in the quarter ended December 2022.The company reported a good operating profit of 5.51 millions compared to 1.52 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 208.39 204.06 2.12 690.37 507.00 36.17 773.54 519.80 48.81
Other Income 4.83 0.13 3615.38 5.40 0.45 1100.00 0.66 3.55 -81.41
PBIDT 5.51 1.52 262.50 5.53 9.89 -44.08 12.49 4.78 161.30
Interest 1.53 0.32 378.13 3.87 0.41 843.90 1.14 0.44 159.09
PBDT 3.98 1.20 231.67 1.66 9.48 -82.49 11.35 4.34 161.52
Depreciation 0.97 0.64 51.56 2.69 1.91 40.84 2.52 3.23 -21.98
PBT 3.01 0.56 437.50 -1.03 7.57 -113.61 8.83 1.11 695.50
TAX 0.00 0.10 0.00 -1.30 3.40 -138.24 3.63 7.91 -54.11
Deferred Tax 0.00 0.02 0.00 -1.30 0.02 -6600.00 0.05 0.00 0.00
PAT 3.01 0.46 554.35 0.27 4.17 -93.53 5.20 -6.80 -176.47
Equity 51.25 51.25 0.00 51.25 51.25 0.00 51.25 51.25 0.00
PBIDTM(%) 2.64 0.74 254.96 0.80 1.95 -58.94 1.61 0.92 75.59
Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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