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A decrease in the sales to Rs. 1298.89 millions was observed for the quarter ended March 2023. The sales stood at Rs. 1447.79 millions during the similar quarter previous year.A big loss of -92.74% reported for the quarter ended March 2023 to Rs. 10.75  millions from Rs. 148.00 millions.The company reported a degrowth in operating Profit to 58.49 millions from 227.90 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1298.89 1447.79 -10.28 4886.41 5735.99 -14.81 4886.41 5735.99 -14.81
Other Income 1.62 -2.51 -164.54 14.05 40.10 -64.96 14.05 40.10 -64.96
PBIDT 58.49 227.90 -74.34 169.39 800.43 -78.84 169.39 800.43 -78.84
Interest 23.38 9.73 140.29 70.79 58.98 20.02 70.79 58.98 20.02
PBDT 35.11 218.17 -83.91 98.60 741.45 -86.70 98.60 741.45 -86.70
Depreciation 20.19 19.44 3.86 79.60 75.95 4.81 79.60 75.95 4.81
PBT 14.92 198.73 -92.49 19.00 665.50 -97.15 19.00 665.50 -97.15
TAX 4.17 50.73 -91.78 5.21 79.68 -93.46 5.21 79.68 -93.46
Deferred Tax -2.63 50.73 -105.18 -3.94 79.68 -104.94 -3.94 79.68 -104.94
PAT 10.75 148.00 -92.74 13.79 585.82 -97.65 13.79 585.82 -97.65
Equity 190.78 190.78 0.00 190.78 190.78 0.00 190.78 190.78 0.00
PBIDTM(%) 4.50 15.74 -71.39 3.47 13.95 -75.16 3.47 13.95 -75.16
Peers
Company Name CMP
JSW Steel 1251.20
Tata Steel 169.50
Steel Authority 161.20
Jindal Stainless 683.10
APL Apollo Tubes 2199.85
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