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The sales slipped to Rs. 1488.40 millions for the June 2023 quarter as against Rs. 1873.80 millions during the year-ago period.The Total Profit for the quarter ended June 2023 of Rs. 74.90 millions grew from Rs.-37.40 millions Operating profit Margin for the quarter ended June 2023 improved to 109.10% as compared to -6.30% 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 1488.40 1873.80 -20.57 1488.40 1873.80 -20.57 6279.40 8861.50 -29.14
Other Income 175.90 1.00 17490.00 175.90 1.00 17490.00 111.60 207.60 -46.24
PBIDT 109.10 -6.30 -1831.75 109.10 -6.30 -1831.75 168.70 1436.00 -88.25
Interest 10.50 7.50 40.00 10.50 7.50 40.00 25.90 21.90 18.26
PBDT 98.60 -13.80 -814.49 98.60 -13.80 -814.49 142.80 1414.10 -89.90
Depreciation 22.30 22.40 -0.45 22.30 22.40 -0.45 89.50 112.90 -20.73
PBT 76.30 -36.20 -310.77 76.30 -36.20 -310.77 53.30 1301.20 -95.90
TAX 1.40 1.20 16.67 1.40 1.20 16.67 -13.40 272.50 -104.92
Deferred Tax 1.40 1.20 16.67 1.40 1.20 16.67 -13.40 272.50 -104.92
PAT 74.90 -37.40 -300.27 74.90 -37.40 -300.27 66.70 1028.70 -93.52
Equity 198.00 198.00 0.00 198.00 198.00 0.00 198.00 198.00 0.00
PBIDTM(%) 7.33 -0.34 -2280.25 7.33 -0.34 -2280.25 2.69 16.20 -83.42
Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 746.20
APL Apollo Tubes 2206.00
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