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The Revenue for the quarter ended  March 2023 of Rs. 347.02 millions grew by 8.21 % from Rs. 320.68 millions.Modest increase of 24.33% in the Net Profit was reported from. 84.09 millions to Rs. 104.55  millions.The company reported a good operating profit of 145.63 millions compared to 112.85 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 347.02 320.68 8.21 1674.74 1369.94 22.25 1674.74 1369.94 22.25
Other Income 15.85 7.55 109.93 54.45 47.80 13.91 54.45 47.80 13.91
PBIDT 145.63 112.85 29.05 661.22 537.85 22.94 661.22 537.85 22.94
Interest 0.00 0.13 0.00 1.23 0.53 132.08 1.23 0.53 132.08
PBDT 145.63 112.72 29.20 659.99 537.32 22.83 659.99 537.32 22.83
Depreciation 7.81 8.34 -6.35 31.33 32.47 -3.51 31.33 32.47 -3.51
PBT 137.82 104.38 32.04 628.66 504.85 24.52 628.66 504.85 24.52
TAX 33.27 20.29 63.97 155.29 119.20 30.28 155.29 119.20 30.28
Deferred Tax 4.10 1.08 279.63 3.44 -1.01 -440.59 3.44 -1.01 -440.59
PAT 104.55 84.09 24.33 473.37 385.65 22.75 473.37 385.65 22.75
Equity 60.76 60.76 0.00 60.76 60.76 0.00 60.76 60.76 0.00
PBIDTM(%) 41.97 35.19 19.25 39.48 39.26 0.56 39.48 39.26 0.56
Peers
Company Name CMP
JSW Steel 1246.50
Tata Steel 175.30
Steel Authority 169.90
Jindal Stainless 742.05
APL Apollo Tubes 2131.30
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