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MSP Steel & Power - Quaterly Results

10 Aug 2023 Evaluate
The company witnessed a 7.46% growth in the revenue at Rs. 6711.19 millions for the quarter ended June 2023 as compared to Rs. 6245.18 millions during the year-ago period.The Total Profit for the quarter ended June 2023 of Rs. 14.10 millions grew from Rs.-145.79 millionsOperating Profit saw a handsome growth to 370.33 millions from 142.77 millions in the quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 6711.19 6245.18 7.46 6711.19 6245.18 7.46 25504.00 23395.79 9.01
Other Income 42.31 5.41 682.07 42.31 5.41 682.07 115.75 33.94 241.04
PBIDT 370.33 142.77 159.39 370.33 142.77 159.39 707.27 1586.23 -55.41
Interest 168.60 187.22 -9.95 168.60 187.22 -9.95 772.43 741.71 4.14
PBDT 201.73 -44.45 -553.84 201.73 -44.45 -553.84 -62.08 926.29 -106.70
Depreciation 139.61 135.38 3.12 139.61 135.38 3.12 540.74 544.65 -0.72
PBT 62.12 -179.83 -134.54 62.12 -179.83 -134.54 -602.82 381.64 -257.96
TAX 48.02 -34.04 -241.07 48.02 -34.04 -241.07 -65.86 42.11 -256.40
Deferred Tax 48.02 -34.04 -241.07 48.02 -34.04 -241.07 -65.86 42.11 -256.40
PAT 14.10 -145.79 -109.67 14.10 -145.79 -109.67 -536.96 339.53 -258.15
Equity 3854.15 3854.15 0.00 3854.15 3854.15 0.00 3854.15 3854.15 0.00
PBIDTM(%) 5.52 2.29 141.38 5.52 2.29 141.38 2.77 6.78 -59.10
Peers
Company Name CMP
JSW Steel 1278.30
Tata Steel 188.40
Steel Authority 184.00
Jindal Stainless 739.60
APL Apollo Tubes 2184.00
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