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The sales declined to Rs. 1658.40 millions for the December 2022 quarter as compared to Rs. 2001.50 millions during the corresponding quarter last year.The Net Loss for the quarter ended December 2022 is Rs. -205.10 millions as compared to Net Loss of Rs. -284.40 millions of corresponding quarter ended December 2021Operating profit Margin for the quarter ended December 2022 slipped to -85.00% as compared to 49.50% 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 1658.40 2001.50 -17.14 4669.10 6564.10 -28.87 8150.50 15784.80 -48.36
Other Income 1.60 0.40 300.00 10.70 5.30 101.89 23.40 82.70 -71.70
PBIDT -85.00 49.50 -271.72 -109.70 -121.40 -9.64 97.10 -64.40 -250.78
Interest 0.10 214.20 -99.95 5.00 1437.90 -99.65 1652.30 1975.80 -16.37
PBDT -85.10 -164.70 -48.33 -114.70 -1233.50 -90.70 -1959.60 -2040.20 -3.95
Depreciation 120.00 119.70 0.25 363.20 359.40 1.06 480.20 487.00 -1.40
PBT -205.10 -284.40 -27.88 -477.90 -1592.90 -70.00 -2439.80 -2527.20 -3.46
TAX 0.00 0.00 0.00 0.00 -313.20 0.00 -290.80 -253.20 14.85
Deferred Tax 0.00 0.00 0.00 0.00 -313.20 -100.00 -290.80 -253.20 14.85
PAT -205.10 -284.40 -27.88 -477.90 -1279.70 -62.66 -2149.00 -2274.00 -5.50
Equity 445.00 445.00 0.00 445.00 445.00 0.00 445.00 445.00 0.00
PBIDTM(%) -5.13 2.47 -307.24 -2.35 -1.85 27.03 1.19 -0.41 -391.99
Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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