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Ahmd.Steelcraft - Quaterly Results

31 Oct 2023 Evaluate
A decrease of about -62.88% in the sales to Rs. 2.22 millions was observed for the quarter ended September 2023. The sales stood at Rs. 5.98 millions during the similar quarter previous year.The Net Loss for the quarter ended September 2023 is Rs. -7.66 millions as compared to Net Loss of Rs. -3.39 millions of corresponding quarter ended September 2022 Operating profit Margin for the quarter ended September 2023 further decreased to -7.15% as compared to -2.87% 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 2.22 5.98 -62.88 6.78 8.38 -19.09 22.05 7.01 214.55
Other Income 1.86 1.16 60.34 3.32 2.31 43.72 7.92 8.39 -5.60
PBIDT -7.15 -2.87 149.13 -8.16 -4.54 79.74 -4.51 -3.45 30.72
Interest 0.03 0.02 50.00 0.05 0.04 25.00 0.08 0.25 -68.00
PBDT -7.18 -2.89 148.44 -8.21 -4.68 75.43 -4.59 -3.70 24.05
Depreciation 0.41 0.41 0.00 0.82 0.83 -1.20 1.65 1.89 -12.70
PBT -7.59 -3.30 130.00 -9.03 -5.51 63.88 -6.24 -5.59 11.63
TAX 0.07 0.09 -22.22 0.14 0.15 -6.67 0.34 0.42 -19.05
Deferred Tax 0.07 0.09 -22.22 0.14 0.15 -6.67 0.34 0.42 -19.05
PAT -7.66 -3.39 125.96 -9.17 -5.66 62.01 -6.58 -6.01 9.48
Equity 40.92 40.92 0.00 40.92 40.92 0.00 40.92 40.92 0.00
PBIDTM(%) -322.07 -47.99 571.08 -120.35 -54.18 122.15 -20.45 -49.22 -58.44
Peers
Company Name CMP
JSW Steel 1341.10
Tata Steel 179.60
Steel Authority 170.30
Jindal Stainless 688.80
APL Apollo Tubes 2198.30
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