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Welcast Steels - Quaterly Results

16 May 2023 Evaluate
The sales is pegged at Rs. 213.73 millions for the March 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 228.09 millions during the year-ago period.The Net Loss for the quarter ended March 2023 is Rs. -20.91 millions as compared to Net Profit of Rs. 1.02 millions of corresponding quarter ended March 2022Operating profit Margin for the quarter ended March 2023 slipped to -11.20% as compared to 3.39% of corresponding quarter ended March 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 213.73 228.09 -6.30 939.18 859.70 9.25 939.18 859.70 9.25
Other Income 2.69 4.51 -40.35 7.56 7.22 4.71 7.56 7.22 4.71
PBIDT -11.20 3.39 -430.38 49.23 7.20 583.75 49.23 7.20 583.75
Interest 14.70 0.19 7636.84 16.26 1.76 823.86 16.26 1.76 823.86
PBDT -25.90 3.20 -909.37 32.97 5.44 506.07 32.97 5.44 506.07
Depreciation 2.22 2.85 -22.11 9.02 10.83 -16.71 9.02 10.83 -16.71
PBT -28.12 0.35 -8134.29 23.95 -5.39 -544.34 23.95 -5.39 -544.34
TAX -7.21 -0.67 976.12 -2.44 -0.46 430.43 -2.44 -0.46 430.43
Deferred Tax -6.29 -0.67 838.81 -5.68 -0.46 1134.78 -5.68 -0.46 1134.78
PAT -20.91 1.02 -2150.00 26.39 -4.93 -635.29 26.39 -4.93 -635.29
Equity 6.38 6.38 0.00 6.38 6.38 0.00 6.38 6.38 0.00
PBIDTM(%) -5.24 1.49 -452.57 5.24 0.84 525.89 5.24 0.84 525.89
Peers
Company Name CMP
AIA Engineering 3920.55
Alicon Castalloy 729.70
Nelcast 118.55
PTC Industries 21791.30
Synergy Green Inds. 639.15
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