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The sales moved up 47.42% to Rs. 14360.10 millions for the March 2023 quarter as compared to Rs. 9740.63 millions during the year-ago period.Net profit for the quarter ended March 2023 increased significantly by 75.67% to Rs. 1960.72 millions from Rs. 1116.12 millions.The company reported a good operating profit of 2978.49 millions compared to 1784.46 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 14360.10 9740.63 47.42 43700.34 31387.77 39.23 43700.34 31387.77 39.23
Other Income 60.63 97.75 -37.97 312.03 375.48 -16.90 312.03 375.48 -16.90
PBIDT 2978.49 1784.46 66.91 7932.98 5322.55 49.04 7932.98 5322.55 49.04
Interest 73.59 64.23 14.57 229.78 213.58 7.58 229.78 213.58 7.58
PBDT 2904.90 1720.23 68.87 7703.20 5108.97 50.78 7703.20 5108.97 50.78
Depreciation 198.38 231.03 -14.13 764.83 802.06 -4.64 764.83 802.06 -4.64
PBT 2706.52 1489.20 81.74 6938.37 4306.91 61.10 6938.37 4306.91 61.10
TAX 745.80 373.08 99.90 1798.06 1082.99 66.03 1798.06 1082.99 66.03
Deferred Tax 63.18 -32.73 -293.03 71.61 16.59 331.65 71.61 16.59 331.65
PAT 1960.72 1116.12 75.67 5140.31 3223.92 59.44 5140.31 3223.92 59.44
Equity 140.18 93.46 49.99 140.18 93.46 49.99 140.18 93.46 49.99
PBIDTM(%) 20.74 18.32 13.22 18.15 16.96 7.05 18.15 16.96 7.05
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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