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The revenue for the March 2023 quarter is pegged at Rs. 7645.47 millions, about 9.10% up against Rs. 7007.92 millions recorded during the year-ago period.A slim rise of 14.87% was recorded in the Net profit for the quarter ended March 2023 to Rs. 279.11  millions  From Rs. 242.98 millions.Operating profit surged to 603.14 millions from the corresponding previous quarter of 535.73 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 7645.47 7007.92 9.10 30720.08 26132.13 17.56 30720.08 26132.13 17.56
Other Income 24.26 12.31 97.08 138.86 38.90 256.97 138.86 38.90 256.97
PBIDT 603.14 535.73 12.58 2182.81 1868.94 16.79 2182.81 1868.94 16.79
Interest 153.34 137.78 11.29 655.71 573.46 14.34 655.71 573.46 14.34
PBDT 449.80 397.95 13.03 1527.10 1295.48 17.88 1527.10 1295.48 17.88
Depreciation 85.86 77.00 11.51 325.95 289.66 12.53 325.95 289.66 12.53
PBT 363.94 320.95 13.39 1201.15 1005.82 19.42 1201.15 1005.82 19.42
TAX 84.83 77.97 8.80 332.14 255.63 29.93 332.14 255.63 29.93
Deferred Tax -7.46 3.07 -343.00 -3.39 7.52 -145.08 -3.39 7.52 -145.08
PAT 279.11 242.98 14.87 869.01 750.19 15.84 869.01 750.19 15.84
Equity 54.51 52.01 4.81 54.51 52.01 4.81 54.51 52.01 4.81
PBIDTM(%) 7.89 7.64 3.19 7.11 7.15 -0.65 7.11 7.15 -0.65
Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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