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Ashirwad Steels &Ind - Quaterly Results

02 Aug 2023 Evaluate
The sales moved down -46.67% to Rs. 1.52 millions for the June 2023 quarter as compared to Rs. 2.85 millions during the corresponding quarter last year.Profit after Tax for the quarter ended June 2023 saw a decline of -60.22% from Rs. 7.44 millions to Rs. 2.96  millions.A decline of 4.57 millions was observed in the OP in the quarter ended June 2023 from 9.39 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 1.52 2.85 -46.67 1.52 2.85 -46.67 21.07 32.55 -35.27
Other Income 6.39 9.23 -30.77 6.39 9.23 -30.77 23.36 8.70 168.51
PBIDT 4.57 9.39 -51.33 4.57 9.39 -51.33 28.84 -1.67 -1826.95
Interest 0.06 0.15 -60.00 0.06 0.15 -60.00 0.24 0.13 84.62
PBDT 4.51 9.24 -51.19 4.51 9.24 -51.19 187.36 51.29 265.30
Depreciation 0.19 0.13 46.15 0.19 0.13 46.15 0.77 3.52 -78.13
PBT 4.32 9.11 -52.58 4.32 9.11 -52.58 186.59 47.77 290.60
TAX 1.36 1.67 -18.56 1.36 1.67 -18.56 18.93 1.58 1098.10
Deferred Tax 0.27 -0.59 -145.76 0.27 -0.59 -145.76 0.01 -5.57 -100.18
PAT 2.96 7.44 -60.22 2.96 7.44 -60.22 167.66 46.19 262.98
Equity 125.00 125.00 0.00 125.00 125.00 0.00 125.00 125.00 0.00
PBIDTM(%) 300.66 329.47 -8.75 300.66 329.47 -8.75 136.88 -5.13 -2767.86
Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 183.75
Steel Authority 174.65
Jindal Stainless 744.25
APL Apollo Tubes 2163.50
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