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Modern Steels - Quaterly Results

14 Feb 2023 Evaluate
Revenue reduced marginally to stand at Rs. 0.00 millions during the quarter ended December 2022. The figure stood at Rs. 273.20 millions during the year-ago period.The Total revenue for the quarter ended December 2022 of  Rs. 103.60  millions  grew by 3137.50% from Rs. 3.20 millions.The company reported a good operating profit of 154.10 millions compared to 1.10 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 0.00 273.20 0.00 0.00 927.70 -100.00 1020.40 835.30 22.16
Other Income 155.50 4.00 3787.50 169.10 5.20 3151.92 803.80 37.10 2066.58
PBIDT 154.10 1.10 13909.09 166.00 -1.10 -15190.91 805.80 -171.70 -569.31
Interest 0.50 0.00 0.00 2.50 1.60 56.25 8.60 4.60 86.96
PBDT 103.60 14.80 600.00 113.50 11.00 931.82 810.90 434.90 86.46
Depreciation 0.00 11.60 0.00 0.00 35.90 -100.00 35.90 48.70 -26.28
PBT 103.60 3.20 3137.50 113.50 -24.90 -555.82 775.00 386.20 100.67
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 103.60 3.20 3137.50 113.50 -24.90 -555.82 775.00 386.20 100.67
Equity 144.00 144.00 0.00 144.00 144.00 0.00 144.00 144.00 0.00
PBIDTM(%) 0.00 0.40 0.00 0.00 -0.12 0.00 78.97 -20.56 -484.17
Peers
Company Name CMP
JSW Steel 1295.70
Tata Steel 191.00
Steel Authority 184.55
Jindal Stainless 759.25
APL Apollo Tubes 2194.30
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