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TN Steel & Tubes - Quaterly Results

07 Jun 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 230.28 millions, about 12.85% up against Rs. 204.06 millions recorded during the year-ago period.The company almost doubled its revenue to Rs. 5.39 millions  from Rs. 0.45 millions in the quarter ended March 2023.Operating profit surged to 6.74 millions from the corresponding previous quarter of 1.52 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 230.28 204.06 12.85 920.65 773.54 19.02 920.65 773.54 19.02
Other Income 0.98 0.12 716.67 6.38 0.66 866.67 6.38 0.66 866.67
PBIDT 6.74 1.52 343.42 12.27 12.49 -1.76 12.27 12.49 -1.76
Interest 0.59 0.32 84.37 3.28 1.14 187.72 3.28 1.14 187.72
PBDT 6.15 1.20 412.50 8.99 11.35 -20.79 8.99 11.35 -20.79
Depreciation 1.31 0.64 104.69 5.19 2.52 105.95 5.19 2.52 105.95
PBT 4.84 0.56 764.29 3.80 8.83 -56.96 3.80 8.83 -56.96
TAX -0.55 0.11 -600.00 -1.86 3.63 -151.24 -1.86 3.63 -151.24
Deferred Tax 0.73 0.03 2333.33 -0.57 0.05 -1240.00 -0.57 0.05 -1240.00
PAT 5.39 0.45 1097.78 5.66 5.20 8.85 5.66 5.20 8.85
Equity 51.25 51.25 0.00 51.25 51.25 0.00 51.25 51.25 0.00
PBIDTM(%) 2.93 0.74 292.93 1.33 1.61 -17.46 1.33 1.61 -17.46
Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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