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Steelcast - Quaterly Results

23 May 2023 Evaluate
The sales surged to Rs. 1203.20 millions, up 29.32% for the March 2023 quarter as against Rs. 930.37 millions during the corresponding quarter previous year.The Total revenue for the quarter ended March 2023 of  Rs. 195.45  millions  grew by 102.92% from Rs. 96.32 millions.Operating profit surged to 310.63 millions from the corresponding previous quarter of 176.82 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1203.20 930.37 29.32 4768.34 3020.40 57.87 4768.34 3020.40 57.87
Other Income 1.02 1.25 -18.40 11.03 3.16 249.05 11.03 3.16 249.05
PBIDT 310.63 176.82 75.68 1150.78 640.05 79.80 1150.78 640.05 79.80
Interest 4.39 3.59 22.28 24.14 15.60 54.74 24.14 15.60 54.74
PBDT 306.24 173.23 76.78 1126.64 624.45 80.42 1126.64 624.45 80.42
Depreciation 43.77 43.02 1.74 181.44 177.16 2.42 181.44 177.16 2.42
PBT 262.47 130.21 101.57 945.20 447.29 111.32 945.20 447.29 111.32
TAX 67.02 33.89 97.76 239.96 114.58 109.43 239.96 114.58 109.43
Deferred Tax 11.58 3.85 200.78 2.33 -16.62 -114.02 2.33 -16.62 -114.02
PAT 195.45 96.32 102.92 705.24 332.71 111.97 705.24 332.71 111.97
Equity 101.20 101.20 0.00 101.20 101.20 0.00 101.20 101.20 0.00
PBIDTM(%) 25.82 19.01 35.84 24.13 21.19 13.89 24.13 21.19 13.89
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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