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Maharashtra Seamless - Quaterly Results

26 May 2023 Evaluate
The Revenue for the quarter ended  March 2023 of Rs. 16231.30 millions grew by 14.39 % from Rs. 14189.90 millions.Net Profit for the quarter ended March 2023 zoomed to 171.20% from Rs. 1143.00 millions to Rs. 3099.80  millions.The company reported a good operating profit of 3424.30 millions compared to 1998.80 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 16231.30 14189.90 14.39 57071.30 39746.10 43.59 57071.30 39746.10 43.59
Other Income 304.00 49.50 514.14 829.30 898.90 -7.74 829.30 898.90 -7.74
PBIDT 3424.30 1998.80 71.32 11207.00 6932.10 61.67 11207.00 6932.10 61.67
Interest 51.50 109.80 -53.10 357.50 412.30 -13.29 357.50 412.30 -13.29
PBDT 3372.80 1889.00 78.55 10849.50 6519.80 66.41 10849.50 6519.80 66.41
Depreciation 335.80 345.70 -2.86 1358.80 1211.30 12.18 1358.80 1211.30 12.18
PBT 3037.00 1543.30 96.79 9490.70 5308.50 78.78 9490.70 5308.50 78.78
TAX -62.80 400.30 -115.69 1560.80 -1805.90 -186.43 1560.80 -1805.90 -186.43
Deferred Tax 768.90 51.40 1395.91 2392.50 236.20 912.91 2392.50 236.20 912.91
PAT 3099.80 1143.00 171.20 7929.90 7114.40 11.46 7929.90 7114.40 11.46
Equity 670.00 335.00 100.00 670.00 335.00 100.00 670.00 335.00 100.00
PBIDTM(%) 21.10 14.09 49.77 19.64 17.44 12.59 19.64 17.44 12.59
Peers
Company Name CMP
JSW Steel 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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