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The revenue for the June 2023 quarter is pegged at Rs. 6529.20 millions, about 5.86% up against Rs. 6167.70 millions recorded during the year-ago period.Net profit surges 88.96% to Rs. 439.90  millions  from Rs. 232.80 millions in the quarter ended June 2023.Operating profit surged to 859.10 millions from the corresponding previous quarter of 401.70 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 6529.20 6167.70 5.86 6529.20 6167.70 5.86 25613.10 21525.40 18.99
Other Income 31.10 26.30 18.25 31.10 26.30 18.25 203.90 181.20 12.53
PBIDT 859.10 401.70 113.87 859.10 401.70 113.87 2416.00 785.70 207.50
Interest 34.70 51.10 -32.09 34.70 51.10 -32.09 212.40 126.90 67.38
PBDT 824.40 350.60 135.14 824.40 350.60 135.14 2125.90 25599.80 -91.70
Depreciation 124.50 130.30 -4.45 124.50 130.30 -4.45 552.80 599.30 -7.76
PBT 699.90 220.30 217.70 699.90 220.30 217.70 1573.10 25000.50 -93.71
TAX 260.00 -12.50 -2180.00 260.00 -12.50 -2180.00 607.60 1426.60 -57.41
Deferred Tax 58.20 4.10 1319.51 58.20 4.10 1319.51 37.80 435.20 -91.31
PAT 439.90 232.80 88.96 439.90 232.80 88.96 965.50 23573.90 -95.90
Equity 1502.50 1502.50 0.00 1502.50 1502.50 0.00 1502.50 1502.50 0.00
PBIDTM(%) 13.16 6.51 102.02 13.16 6.51 102.02 9.43 3.65 158.42
Peers
Company Name CMP
JSW Steel 1246.20
Tata Steel 184.10
Steel Authority 174.40
Jindal Stainless 734.75
APL Apollo Tubes 2105.40
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