MoneyWorks4Me

SRU Steels - Quaterly Results

01 Nov 2023 Evaluate
The total revenue hovered 201.72% to Rs. 77.18 millions for the September 2023 quarter as against Rs. 25.58 millions during the corresponding quarter last year.The Company's Net profit for the September 2023 quarter have declined marginally to Rs. 0.63  millions as against Rs. 0.73 millions reported during the corresponding quarter ended.Operating Profit reported a sharp decline to 1.04 millions from 2.10 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 77.18 25.58 201.72 168.77 41.11 310.53 167.16 150.11 11.36
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.41 0.00
PBIDT 1.04 2.10 -50.48 2.17 3.34 -35.03 13.57 5.62 141.46
Interest 0.00 0.85 0.00 0.01 1.43 -99.30 3.15 1.45 117.24
PBDT 1.04 1.25 -16.80 2.16 1.91 13.09 10.42 4.17 149.88
Depreciation 0.20 0.26 -23.08 0.41 0.47 -12.77 0.99 1.06 -6.60
PBT 0.84 0.99 -15.15 1.75 1.44 21.53 9.43 3.11 203.22
TAX 0.21 0.26 -19.23 0.45 0.38 18.42 2.46 0.80 207.50
Deferred Tax -0.01 -0.02 -50.00 -0.02 -0.03 -33.33 -0.05 -0.08 -37.50
PAT 0.63 0.73 -13.70 1.30 1.06 22.64 6.97 2.31 201.73
Equity 119.88 79.92 50.00 119.88 79.92 50.00 79.92 79.92 0.00
PBIDTM(%) 1.35 8.21 -83.59 1.29 8.12 -84.17 8.12 3.74 116.83
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