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The sales for the June 2023 quarter moved up 32.68% to Rs. 2659.25 millions as compared to Rs. 2004.20 millions during the corresponding quarter last year.A comparatively good net profit growth of 45.97% to Rs. 111.10 millions was reported for the quarter ended June 2023 compared to Rs. 76.11 millions of previous same quarter.Operating profit for the quarter ended June 2023 rose to 171.41 millions as compared to 114.68 millions of corresponding quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 2659.25 2004.20 32.68 2659.25 2004.20 32.68 12153.14 6132.37 98.18
Other Income 14.65 5.53 164.92 14.65 5.53 164.92 59.96 27.36 119.15
PBIDT 171.41 114.68 49.47 171.41 114.68 49.47 888.66 434.03 104.75
Interest 13.28 5.62 136.30 13.28 5.62 136.30 20.13 21.25 -5.27
PBDT 158.13 109.06 44.99 158.13 109.06 44.99 868.53 412.78 110.41
Depreciation 9.59 7.74 23.90 9.59 7.74 23.90 315.26 24.70 1176.36
PBT 148.54 101.32 46.60 148.54 101.32 46.60 553.27 388.08 42.57
TAX 37.44 25.21 48.51 37.44 25.21 48.51 143.12 97.53 46.74
Deferred Tax 0.00 -0.19 -100.00 0.00 -0.19 -100.00 0.18 -0.75 -124.00
PAT 111.10 76.11 45.97 111.10 76.11 45.97 410.15 290.55 41.16
Equity 135.68 135.68 0.00 135.68 135.68 0.00 135.68 135.68 0.00
PBIDTM(%) 6.45 5.72 12.65 6.45 5.72 12.65 7.31 7.08 3.31
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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