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Net sales declined -15.48%  to  Rs. 439.57 million from Rs. 520.08 millions.A slender decline of -13.75% was recorded to Rs. 132.46  millions from Rs. 153.58 millions in the corresponding previous quarter.Operating profit for the quarter ended September 2023 decreased to 183.53 millions as compared to 213.15 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 439.57 520.08 -15.48 901.89 960.33 -6.09 1674.74 1369.94 22.25
Other Income 26.41 18.33 44.08 66.72 19.04 250.42 54.45 47.80 13.91
PBIDT 183.53 213.15 -13.90 394.99 380.21 3.89 661.22 537.85 22.94
Interest 0.30 0.54 -44.44 0.54 1.08 -50.00 1.23 0.53 132.08
PBDT 183.23 212.61 -13.82 394.45 379.13 4.04 659.99 537.32 22.83
Depreciation 7.46 7.87 -5.21 14.94 15.65 -4.54 31.33 32.47 -3.51
PBT 175.77 204.74 -14.15 379.51 363.48 4.41 628.66 504.85 24.52
TAX 43.31 51.16 -15.34 89.35 90.28 -1.03 155.29 119.20 30.28
Deferred Tax 1.81 1.98 -8.59 0.35 -1.90 -118.42 3.44 -1.01 -440.59
PAT 132.46 153.58 -13.75 290.16 273.20 6.21 473.37 385.65 22.75
Equity 60.76 60.76 0.00 60.76 60.76 0.00 60.76 60.76 0.00
PBIDTM(%) 41.75 40.98 1.87 43.80 39.59 10.62 39.48 39.26 0.56
Peers
Company Name CMP
JSW Steel 1246.50
Tata Steel 175.30
Steel Authority 169.90
Jindal Stainless 742.05
APL Apollo Tubes 2131.30
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