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The sales is pegged at Rs. 15.01 millions for the March 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 20.60 millions during the year-ago period.A big decline of -67.65% was reported for the quarter ended March 2023 to Rs. 1.10  millions from Rs. 3.40 millions of corresponding previous quarter.Operating Profit reported a sharp decline to 1.75 millions from 4.16 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 15.01 20.60 -27.14 33.08 61.22 -45.97 33.08 61.22 -45.97
Other Income 1.15 1.01 13.86 4.16 4.29 -3.03 4.16 4.29 -3.03
PBIDT 1.75 4.16 -57.93 1.47 1.58 -6.96 1.47 1.58 -6.96
Interest 0.36 0.44 -18.18 1.44 1.42 1.41 1.44 1.42 1.41
PBDT 1.39 3.72 -62.63 0.03 0.16 -81.25 0.03 0.16 -81.25
Depreciation 0.29 0.32 -9.38 1.29 1.32 -2.27 1.29 1.32 -2.27
PBT 1.10 3.40 -67.65 -1.26 -1.16 8.62 -1.26 -1.16 8.62
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 1.10 3.40 -67.65 -1.26 -1.16 8.62 -1.26 -1.16 8.62
Equity 59.15 59.15 0.00 59.15 59.15 0.00 59.15 59.15 0.00
PBIDTM(%) 11.66 20.19 -42.27 4.44 2.58 72.18 4.44 2.58 72.18
Peers
Company Name CMP
JSW Steel 1345.00
Tata Steel 184.90
Steel Authority 169.80
Jindal Stainless 691.05
APL Apollo Tubes 2180.10
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