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The sales moved up 37.32% to Rs. 45195.90 millions for the March 2023 quarter as compared to Rs. 32912.40 millions during the year-ago period.Net Profit witnessed a 208.50% growth almost the double from Rs. 1149.40 millions to Rs. 3545.90  millions  of same quarter last year.The company reported a good operating profit of 6734.90 millions compared to 3914.40 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 45195.90 32912.40 37.32 152823.10 110222.70 38.65 152823.10 110222.70 38.65
Other Income 1566.40 534.70 192.95 4207.40 2211.30 90.27 4207.40 2211.30 90.27
PBIDT 6734.90 3914.40 72.05 18273.40 13851.30 31.93 18273.40 13851.30 31.93
Interest 1342.90 971.60 38.22 5290.90 3692.00 43.31 5290.90 3692.00 43.31
PBDT 5392.00 2872.30 87.72 12982.50 10088.80 28.68 12982.50 10088.80 28.68
Depreciation 990.60 933.20 6.15 3737.50 3717.70 0.53 3737.50 3717.70 0.53
PBT 4401.40 1939.10 126.98 9245.00 6371.10 45.11 9245.00 6371.10 45.11
TAX 855.50 789.70 8.33 2151.80 2316.20 -7.10 2151.80 2316.20 -7.10
Deferred Tax -51.60 88.50 -158.31 329.50 23.00 1332.61 329.50 23.00 1332.61
PAT 3545.90 1149.40 208.50 7093.20 4054.90 74.93 7093.20 4054.90 74.93
Equity 639.50 639.50 0.00 639.50 639.50 0.00 639.50 639.50 0.00
PBIDTM(%) 14.90 11.89 25.29 11.96 12.57 -4.85 11.96 12.57 -4.85
Peers
Company Name CMP
JSW Steel 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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