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Ashirwad Steels &Ind - Quaterly Results

02 Aug 2023 Evaluate
The Sales for the quarter ended June 2023 of Rs. 1.52 million declined by -46.67% from Rs. 2.85 millions.Net profit of the cmpany stood at Rs. 2.96 millions for the quarter ended June 2023 a decline of -60.22% from Rs. 7.44 millions  in the same quarter last year.Operating profit for the quarter ended June 2023 decreased to 4.57 millions as compared to 9.39 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 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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