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Net sales declined -5.29%  to  Rs. 291305.80 million from Rs. 307581.00 millions.Profit after Tax for the quarter ended March 2023 saw a decline of -56.62% from Rs. 24183.00 millions to Rs. 10490.20  millions.Operating profit for the quarter ended March 2023 decreased to 34013.30 millions as compared to 47833.30 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 291305.80 307581.00 -5.29 1044473.60 1034733.20 0.94 1044473.60 1034733.20 0.94
Other Income 4874.70 4520.70 7.83 13548.40 10420.30 30.02 13548.40 10420.30 30.02
PBIDT 34013.30 47833.30 -28.89 93789.10 223641.80 -58.06 93789.10 223641.80 -58.06
Interest 5170.00 4401.10 17.47 20374.70 16978.80 20.00 20374.70 16978.80 20.00
PBDT 28439.10 43537.30 -34.68 75994.30 203128.90 -62.59 75994.30 203128.90 -62.59
Depreciation 13644.00 11437.70 19.29 49625.20 42741.70 16.10 49625.20 42741.70 16.10
PBT 14795.10 32099.60 -53.91 26369.10 160387.20 -83.56 26369.10 160387.20 -83.56
TAX 4304.90 7916.60 -45.62 7338.40 40236.80 -81.76 7338.40 40236.80 -81.76
Deferred Tax 4799.50 7916.60 -39.37 6154.70 40236.80 -84.70 6154.70 40236.80 -84.70
PAT 10490.20 24183.00 -56.62 19030.70 120150.40 -84.16 19030.70 120150.40 -84.16
Equity 41305.30 41305.30 0.00 41305.30 41305.30 0.00 41305.30 41305.30 0.00
PBIDTM(%) 11.68 15.55 -24.92 8.98 21.61 -58.45 8.98 21.61 -58.45
Peers
Company Name CMP
JSW Steel 1247.05
Tata Steel 171.50
Steel Authority 171.50
Jindal Stainless 709.55
APL Apollo Tubes 2210.00
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