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Remi Edelstahl Tub. - Quaterly Results

25 May 2023 Evaluate
Net sales declined -11.58%  to  Rs. 385.54 million from Rs. 436.04 millions.Net Profit for the quarter ended March 2023 zoomed to 260.61% from Rs. 0.99 millions to Rs. 3.57  millions.A decline of 23.78 millions was observed in the OP in the quarter ended March 2023 from 25.34 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 385.54 436.04 -11.58 1347.99 1055.96 27.66 1347.99 1055.96 27.66
Other Income 3.25 1.66 95.78 8.60 15.77 -45.47 8.60 15.77 -45.47
PBIDT 23.78 25.34 -6.16 60.15 76.11 -20.97 60.15 76.11 -20.97
Interest 9.19 2.20 317.73 20.63 17.20 19.94 20.63 17.20 19.94
PBDT 14.59 23.14 -36.95 39.52 58.91 -32.91 39.52 58.91 -32.91
Depreciation 9.28 9.51 -2.42 36.79 38.17 -3.62 36.79 38.17 -3.62
PBT 5.31 13.63 -61.04 2.73 20.74 -86.84 2.73 20.74 -86.84
TAX 1.74 12.64 -86.23 1.26 14.32 -91.20 1.26 14.32 -91.20
Deferred Tax 1.61 3.49 -53.87 1.04 5.07 -79.49 1.04 5.07 -79.49
PAT 3.57 0.99 260.61 1.47 6.42 -77.10 1.47 6.42 -77.10
Equity 109.82 109.82 0.00 109.82 109.82 0.00 109.82 109.82 0.00
PBIDTM(%) 6.17 5.81 6.14 4.46 7.21 -38.09 4.46 7.21 -38.09
Peers
Company Name CMP
JSW Steel 1260.40
Tata Steel 188.10
Steel Authority 181.20
Jindal Stainless 741.60
APL Apollo Tubes 2211.00
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