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Vallabh Steels - Quaterly Results

29 May 2023 Evaluate
A minor change in the total revenue was seen in the March 2023 quarter. The total revenue for the quarter stood at Rs. 0.00 millions against Rs. 0.00 millions during year ago period.The Net Loss for the quarter ended March 2023 is Rs. -24.65 millions as compared to Net Loss of Rs. -55.45 millions of corresponding quarter ended March 2022 Operating profit Margin for the quarter ended March 2023 improved to -21.27% as compared to -51.55% 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 0.00 0.00 0.00 0.00 9.33 0.00 0.00 9.33 0.00
Other Income 0.06 0.02 200.00 0.06 0.09 -33.33 0.06 0.09 -33.33
PBIDT -21.27 -51.55 -58.74 -85.43 -73.90 15.60 -85.43 -73.90 15.60
Interest 0.00 0.02 0.00 0.00 0.11 0.00 0.00 0.11 0.00
PBDT -21.27 -51.57 -58.76 -85.43 -74.01 15.43 -85.43 -74.01 15.43
Depreciation 3.92 4.74 -17.30 15.77 19.24 -18.04 15.77 19.24 -18.04
PBT -25.19 -56.31 -55.27 -101.20 -93.25 8.53 -101.20 -93.25 8.53
TAX -0.54 -0.86 -37.21 -0.54 -0.86 -37.21 -0.54 -0.86 -37.21
Deferred Tax -0.54 -0.86 -37.21 -0.54 -0.86 -37.21 -0.54 -0.86 -37.21
PAT -24.65 -55.45 -55.55 -100.66 -92.39 8.95 -100.66 -92.39 8.95
Equity 49.50 49.50 0.00 49.50 49.50 0.00 49.50 49.50 0.00
PBIDTM(%) 0.00 0.00 0.00 0.00 -792.07 0.00 0.00 -792.07 0.00
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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