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Mahalaxmi Seamless - Quaterly Results

11 Aug 2023 Evaluate
The revenue slipped marginally during the June 2023 quarter. A decline of about Rs. 4.50 millions was observed as compared to Rs. 4.50 millions during the corresponding quarter last year.The Net proft of the company remain more or less same to Rs. 0.53  millions from Rs. 0.65 millions ,decline by -18.46%.Operating profit for the quarter ended June 2023 rose to 2.15 millions as compared to 2.08 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 4.50 4.50 0.00 4.50 4.50 0.00 18.27 20.21 -9.60
Other Income 0.06 0.08 -25.00 0.06 0.08 -25.00 0.90 1.32 -31.82
PBIDT 2.15 2.08 3.37 2.15 2.08 3.37 9.23 11.55 -20.09
Interest 0.29 0.32 -9.38 0.29 0.32 -9.38 1.14 1.87 -39.04
PBDT 1.86 1.76 5.68 1.86 1.76 5.68 8.09 9.68 -16.43
Depreciation 1.18 1.11 6.31 1.18 1.11 6.31 4.72 5.16 -8.53
PBT 0.68 0.65 4.62 0.68 0.65 4.62 3.37 4.52 -25.44
TAX 0.15 0.00 0.00 0.15 0.00 0.00 -0.50 -0.89 -43.82
Deferred Tax 0.15 0.00 0.00 0.15 0.00 0.00 -0.50 -0.58 -13.79
PAT 0.53 0.65 -18.46 0.53 0.65 -18.46 3.87 5.41 -28.47
Equity 52.81 52.63 0.34 52.81 52.63 0.34 52.81 52.81 0.00
PBIDTM(%) 47.78 46.22 3.37 47.78 46.22 3.37 50.52 57.15 -11.60
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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