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Remi Edelstahl Tub. - Quaterly Results

25 May 2023 Evaluate
The sales is pegged at Rs. 385.54 millions for the March 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 436.04 millions during the year-ago period.The Total revenue for the quarter ended March 2023 of  Rs. 3.57  millions  grew by 260.61% from Rs. 0.99 millions.The company reported a degrowth in operating Profit to 23.78 millions from 25.34 millions.


(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 1261.30
Tata Steel 188.00
Steel Authority 181.25
Jindal Stainless 741.45
APL Apollo Tubes 2210.00
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