MoneyWorks4Me

A decrease in the sales to Rs. 823.54 millions was observed for the quarter ended March 2023. The sales stood at Rs. 1163.65 millions during the similar quarter previous year.Net Profit witnessed a 1619.54% growth almost the double from Rs. 7.37 millions to Rs. 126.73  millions  of same quarter last year.The company reported a good operating profit of 214.10 millions compared to 46.97 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 823.54 1163.65 -29.23 3666.39 3437.24 6.67 3666.39 3437.24 6.67
Other Income 18.98 22.16 -14.35 56.65 50.40 12.40 56.65 50.40 12.40
PBIDT 214.10 46.97 355.82 406.39 174.79 132.50 406.39 174.79 132.50
Interest 12.89 16.87 -23.59 40.90 56.11 -27.11 40.90 56.11 -27.11
PBDT 201.21 30.10 568.47 365.49 118.68 207.96 365.49 118.68 207.96
Depreciation 21.14 18.50 14.27 79.28 72.63 9.16 79.28 72.63 9.16
PBT 180.07 11.60 1452.33 286.21 46.05 521.52 286.21 46.05 521.52
TAX 53.34 4.23 1160.99 84.98 16.03 430.13 84.98 16.03 430.13
Deferred Tax 1.86 -0.20 -1030.00 -0.29 -1.79 -83.80 -0.29 -1.79 -83.80
PAT 126.73 7.37 1619.54 201.23 30.02 570.32 201.23 30.02 570.32
Equity 183.64 192.64 -4.67 183.64 192.64 -4.67 183.64 192.64 -4.67
PBIDTM(%) 26.00 4.04 544.08 11.08 5.09 117.97 11.08 5.09 117.97
Peers
Company Name CMP
JSW Steel 1215.70
Tata Steel 175.60
Steel Authority 171.25
Jindal Stainless 736.25
APL Apollo Tubes 2137.60
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