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An increase of about 116.84% to Rs. 3867.02 millions in the total revenue was observed for the quarter ended March 2023. The total revenue was pegged at Rs. 1783.32 millions during the similar quarter previous year.The Total revenue for the quarter ended March 2023 of  Rs. 150.65  millions  grew by 115.61% from Rs. 69.87 millions.Operating profit surged to 330.23 millions from the corresponding previous quarter of 106.04 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 3867.02 1783.32 116.84 12153.14 6132.37 98.18 12153.14 6132.37 98.18
Other Income 25.04 12.65 97.94 59.96 27.36 119.15 59.96 27.36 119.15
PBIDT 330.23 106.04 211.42 888.66 434.03 104.75 888.66 434.03 104.75
Interest 6.10 4.42 38.01 20.13 21.25 -5.27 20.13 21.25 -5.27
PBDT 324.13 101.62 218.96 868.53 412.78 110.41 868.53 412.78 110.41
Depreciation 116.55 7.38 1479.27 315.26 24.70 1176.36 315.26 24.70 1176.36
PBT 207.58 94.24 120.27 553.27 388.08 42.57 553.27 388.08 42.57
TAX 56.93 24.37 133.61 143.12 97.53 46.74 143.12 97.53 46.74
Deferred Tax -0.40 -1.42 -71.83 0.18 -0.75 -124.00 0.18 -0.75 -124.00
PAT 150.65 69.87 115.61 410.15 290.55 41.16 410.15 290.55 41.16
Equity 135.68 135.68 0.00 135.68 135.68 0.00 135.68 135.68 0.00
PBIDTM(%) 8.54 5.95 43.62 7.31 7.08 3.31 7.31 7.08 3.31
Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 179.10
Steel Authority 174.00
Jindal Stainless 732.40
APL Apollo Tubes 2119.90
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