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The sales moved up 25.57% to Rs. 21.31 millions for the June 2023 quarter as compared to Rs. 16.97 millions during the year-ago period.Net profit stood at Rs. 0.17  millions  compared to Rs. 0.14 millions in the corresponding previous quarter,high by 21.43%.The company reported a good operating profit of 9.36 millions compared to 9.31 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 21.31 16.97 25.57 21.31 16.97 25.57 81.62 96.32 -15.26
Other Income 0.11 0.00 0.00 0.11 0.00 0.00 0.08 0.51 -84.31
PBIDT 9.36 9.31 0.54 9.36 9.31 0.54 40.66 47.38 -14.18
Interest 4.80 4.78 0.42 4.80 4.78 0.42 22.61 29.55 -23.49
PBDT 4.56 4.53 0.66 4.56 4.53 0.66 18.05 17.83 1.23
Depreciation 4.39 4.34 1.15 4.39 4.34 1.15 16.87 16.82 0.30
PBT 0.17 0.19 -10.53 0.17 0.19 -10.53 1.18 1.01 16.83
TAX 0.00 0.05 -100.00 0.00 0.05 -100.00 -2.07 -6.87 -69.87
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -2.07 -6.78 -69.47
PAT 0.17 0.14 21.43 0.17 0.14 21.43 3.25 7.88 -58.76
Equity 44.28 44.28 0.00 44.28 44.28 0.00 44.28 44.28 0.00
PBIDTM(%) 43.92 54.86 -19.94 43.92 54.86 -19.94 49.82 49.19 1.27
Peers
Company Name CMP
Tata Steel 185.95
JSW Steel 1308.00
Steel Authority 184.00
Jindal Stainless 762.35
APL Apollo Tubes 2198.00
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