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The topline for the March 2023 quarter moved up 79.38% to Rs. 284.14 millions as compared to Rs. 158.40 millions during the year-ago period.The Total revenue for the quarter ended March 2023 of  Rs. 6.14  millions  grew by 1760.61% from Rs. 0.33 millions.The company reported a good operating profit of 11.26 millions compared to 4.82 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 284.14 158.40 79.38 998.84 531.67 87.87 998.84 531.67 87.87
Other Income 0.04 0.00 0.00 0.24 0.00 0.00 0.24 0.00 0.00
PBIDT 11.26 4.82 133.61 23.79 20.77 14.54 23.79 20.77 14.54
Interest 4.14 3.90 6.15 12.68 13.87 -8.58 12.68 13.87 -8.58
PBDT 7.12 0.92 673.91 11.11 6.90 61.01 11.11 6.90 61.01
Depreciation 0.18 0.09 100.00 0.74 0.78 -5.13 0.74 0.78 -5.13
PBT 6.94 0.83 736.14 10.37 6.12 69.44 10.37 6.12 69.44
TAX 0.80 0.50 60.00 0.80 0.50 60.00 0.80 0.50 60.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 6.14 0.33 1760.61 9.57 5.62 70.28 9.57 5.62 70.28
Equity 45.00 45.00 0.00 45.00 45.00 0.00 45.00 45.00 0.00
PBIDTM(%) 3.96 3.04 30.23 2.38 3.91 -39.03 2.38 3.91 -39.03
Peers
Company Name CMP
JSW Steel 1345.00
Tata Steel 184.90
Steel Authority 169.80
Jindal Stainless 691.05
APL Apollo Tubes 2180.10
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