MoneyWorks4Me

Net sales declined -25.37%  to  Rs. 2858.43 million from Rs. 3830.26 millions.The Net Profit of the company slipped to Rs. 241.60 millions from Rs. 366.29 millions, a decline of -34.04% on QoQ basis.Operating profit for the quarter ended March 2023 decreased to 416.92 millions as compared to 547.93 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 2858.43 3830.26 -25.37 11284.16 12964.32 -12.96 11284.16 12964.32 -12.96
Other Income 7.59 98.64 -92.31 138.87 178.86 -22.36 138.87 178.86 -22.36
PBIDT 416.92 547.93 -23.91 1801.52 2403.24 -25.04 1801.52 2403.24 -25.04
Interest 23.14 33.08 -30.05 97.71 121.60 -19.65 97.71 121.60 -19.65
PBDT 393.78 514.85 -23.52 1703.81 2281.64 -25.33 1703.81 2281.64 -25.33
Depreciation 69.71 73.80 -5.54 229.29 215.88 6.21 229.29 215.88 6.21
PBT 324.07 441.05 -26.52 1474.52 2065.76 -28.62 1474.52 2065.76 -28.62
TAX 82.47 74.76 10.31 382.57 498.66 -23.28 382.57 498.66 -23.28
Deferred Tax 6.83 -23.93 -128.54 -3.07 -10.03 -69.39 -3.07 -10.03 -69.39
PAT 241.60 366.29 -34.04 1091.95 1567.10 -30.32 1091.95 1567.10 -30.32
Equity 190.91 190.91 0.00 190.91 190.91 0.00 190.91 190.91 0.00
PBIDTM(%) 14.59 14.31 1.96 15.97 18.54 -13.88 15.97 18.54 -13.88
Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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