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Rathi Bars - Quaterly Results

09 Aug 2023 Evaluate
The sales surged to Rs. 1697.63 millions, up 31.70% for the June 2023 quarter as against Rs. 1289.05 millions during the corresponding quarter previous year.A meek growth of 1.55% was reported for the quarter ended June 2023 to Rs. 9.85  millions from Rs. 9.70 millions.The company reported a good operating profit of 44.03 millions compared to 35.27 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 1697.63 1289.05 31.70 1697.63 1289.05 31.70 4823.56 4938.41 -2.33
Other Income 1.59 1.62 -1.85 1.59 1.62 -1.85 2.81 0.85 230.59
PBIDT 44.03 35.27 24.84 44.03 35.27 24.84 152.47 133.40 14.30
Interest 18.31 10.71 70.96 18.31 10.71 70.96 53.88 43.15 24.87
PBDT 25.72 24.56 4.72 25.72 24.56 4.72 98.59 90.25 9.24
Depreciation 15.87 14.86 6.80 15.87 14.86 6.80 65.43 58.50 11.85
PBT 9.85 9.70 1.55 9.85 9.70 1.55 33.16 31.75 4.44
TAX 0.00 0.00 0.00 0.00 0.00 0.00 7.32 3.21 128.04
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.87 0.49 77.55
PAT 9.85 9.70 1.55 9.85 9.70 1.55 25.84 28.54 -9.46
Equity 163.30 163.30 0.00 163.30 163.30 0.00 163.30 163.30 0.00
PBIDTM(%) 2.59 2.74 -5.21 2.59 2.74 -5.21 3.16 2.70 17.01
Peers
Company Name CMP
JSW Steel 1266.00
Tata Steel 184.70
Steel Authority 174.00
Jindal Stainless 743.45
APL Apollo Tubes 2180.20
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