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A fair growth of 23.31% in the revenue at Rs. 1101.34 millions was reported in the March 2023 quarter as compared to Rs. 893.16 millions during year-ago period.A comparatively good net profit growth of 42.40% to Rs. 188.97 millions was reported for the quarter ended March 2023 compared to Rs. 132.70 millions of previous same quarter.OP of the company witnessed a marginal growth to 286.36 millions from 207.66 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1101.34 893.16 23.31 4202.30 3239.88 29.71 4202.30 3239.88 29.71
Other Income 16.16 15.26 5.90 79.28 54.47 45.55 79.28 54.47 45.55
PBIDT 286.36 207.66 37.90 1127.03 789.28 42.79 1127.03 789.28 42.79
Interest 15.90 12.04 32.06 66.44 27.64 140.38 66.44 27.64 140.38
PBDT 270.46 195.62 38.26 1060.59 761.64 39.25 1060.59 761.64 39.25
Depreciation 22.39 18.65 20.05 84.72 63.78 32.83 84.72 63.78 32.83
PBT 248.07 176.97 40.18 975.87 697.86 39.84 975.87 697.86 39.84
TAX 59.10 44.27 33.50 245.60 178.10 37.90 245.60 178.10 37.90
Deferred Tax 4.08 2.06 98.06 5.50 1.20 358.33 5.50 1.20 358.33
PAT 188.97 132.70 42.40 730.27 519.76 40.50 730.27 519.76 40.50
Equity 115.21 76.81 49.99 115.21 76.81 49.99 115.21 76.81 49.99
PBIDTM(%) 26.00 23.25 11.83 26.82 24.36 10.09 26.82 24.36 10.09
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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