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The sales surged to Rs. 8369.70 millions, up 28.97% for the March 2023 quarter as against Rs. 6489.80 millions during the corresponding quarter previous year.The Net Profit of the company registered a slight decline of -1.79% to Rs. 399.50  millions from Rs. 406.80 millions.Operating profit for the quarter ended March 2023 rose to 991.80 millions as compared to 795.70 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 8369.70 6489.80 28.97 34884.20 26982.60 29.28 34884.20 26982.60 29.28
Other Income 19.90 9.40 111.70 70.20 45.10 55.65 70.20 45.10 55.65
PBIDT 991.80 795.70 24.64 4528.50 4028.50 12.41 4528.50 4028.50 12.41
Interest 274.10 119.40 129.56 811.00 422.50 91.95 811.00 422.50 91.95
PBDT 717.70 676.30 6.12 15646.10 3606.00 333.89 15646.10 3606.00 333.89
Depreciation 214.50 200.30 7.09 806.50 763.10 5.69 806.50 763.10 5.69
PBT 503.20 476.00 5.71 14839.60 2842.90 421.99 14839.60 2842.90 421.99
TAX 103.70 69.20 49.86 3696.40 678.90 444.47 3696.40 678.90 444.47
Deferred Tax 9.70 -36.70 -126.43 -54.50 -60.50 -9.92 -54.50 -60.50 -9.92
PAT 399.50 406.80 -1.79 11143.20 2164.00 414.94 11143.20 2164.00 414.94
Equity 1802.20 1802.20 0.00 1802.20 1802.20 0.00 1802.20 1802.20 0.00
PBIDTM(%) 11.85 12.26 -3.35 12.98 14.93 -13.05 12.98 14.93 -13.05
Peers
Company Name CMP
JSW Steel 1209.90
Tata Steel 169.55
Steel Authority 166.65
Jindal Stainless 722.00
APL Apollo Tubes 2044.45
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