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MSP Steel & Power - 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. 6774.22 millions against Rs. 6528.77 millions during year ago period.A slender decline of -14.10% was recorded to Rs. 193.48  millions from Rs. 225.24 millions in the corresponding previous quarter.Operating profit surged to 583.95 millions from the corresponding previous quarter of 519.50 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 6774.22 6528.77 3.76 25504.00 23395.79 9.01 25504.00 23395.79 9.01
Other Income 92.15 26.07 253.47 115.75 33.94 241.04 115.75 33.94 241.04
PBIDT 583.95 519.50 12.41 707.27 1586.23 -55.41 707.27 1586.23 -55.41
Interest 209.41 206.03 1.64 772.43 741.71 4.14 772.43 741.71 4.14
PBDT 377.62 395.24 -4.46 -62.08 926.29 -106.70 -62.08 926.29 -106.70
Depreciation 133.22 133.25 -0.02 540.74 544.65 -0.72 540.74 544.65 -0.72
PBT 244.40 261.99 -6.71 -602.82 381.64 -257.96 -602.82 381.64 -257.96
TAX 50.92 36.75 38.56 -65.86 42.11 -256.40 -65.86 42.11 -256.40
Deferred Tax 50.92 36.75 38.56 -65.86 42.11 -256.40 -65.86 42.11 -256.40
PAT 193.48 225.24 -14.10 -536.96 339.53 -258.15 -536.96 339.53 -258.15
Equity 3854.15 3854.15 0.00 3854.15 3854.15 0.00 3854.15 3854.15 0.00
PBIDTM(%) 8.62 7.96 8.33 2.77 6.78 -59.10 2.77 6.78 -59.10
Peers
Company Name CMP
JSW Steel 1353.00
Tata Steel 182.00
Steel Authority 172.50
Jindal Stainless 686.05
APL Apollo Tubes 2181.00
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