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Metal Coatings (I) - Quaterly Results

31 Oct 2023 Evaluate
A fair growth of 9.15% in the revenue at Rs. 430.64 millions was reported in the September 2023 quarter as compared to Rs. 394.53 millions during year-ago period.The Profit  for the quarter ended September 2023 of  Rs. 5.43  millions  grew by 65.55% from Rs. 3.28 millions.Operating profit for the quarter ended September 2023 rose to 8.35 millions as compared to 5.93 millions of corresponding quarter ended September 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 430.64 394.53 9.15 822.99 892.82 -7.82 1704.04 1422.57 19.79
Other Income 1.46 0.99 47.47 2.80 1.67 67.66 4.49 12.40 -63.79
PBIDT 8.35 5.93 40.81 16.05 18.01 -10.88 41.73 43.69 -4.49
Interest 0.01 0.11 -90.91 0.02 0.44 -95.45 0.72 1.38 -47.83
PBDT 8.34 5.82 43.30 16.03 17.57 -8.76 41.01 42.31 -3.07
Depreciation 1.31 0.88 48.86 2.62 2.06 27.18 4.53 4.73 -4.23
PBT 7.03 4.94 42.31 13.41 15.51 -13.54 36.48 37.58 -2.93
TAX 1.60 1.66 -3.61 2.88 4.15 -30.60 8.83 9.34 -5.46
Deferred Tax -0.33 -0.40 -17.50 -0.76 -0.90 -15.56 -1.92 0.22 -972.73
PAT 5.43 3.28 65.55 10.53 11.36 -7.31 27.65 28.24 -2.09
Equity 73.27 73.27 0.00 73.27 73.27 0.00 73.27 73.27 0.00
PBIDTM(%) 1.94 1.50 29.00 1.95 2.02 -3.32 2.45 3.07 -20.26
Peers
Company Name CMP
JSW Steel 1187.00
Tata Steel 167.25
Steel Authority 165.00
Jindal Stainless 688.40
APL Apollo Tubes 2021.00
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