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A decrease in the sales to Rs. 147.69 millions was observed for the quarter ended December 2023. The sales stood at Rs. 161.12 millions during the similar quarter previous year.The Net Loss for the quarter ended December 2023 is Rs. -213.20 millions as compared to Net Loss of Rs. -176.59 millions of corresponding quarter ended December 2022Operating Profit reported a sharp decline to 41.94 millions from 43.34 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 147.69 161.12 -8.34 433.88 455.46 -4.74 586.33 791.24 -25.90
Other Income 0.00 0.00 0.00 0.12 0.38 -68.42 1.31 0.85 54.12
PBIDT 41.94 43.34 -3.23 94.14 107.15 -12.14 102.23 100.23 2.00
Interest 151.33 149.03 1.54 571.50 448.34 27.47 785.21 576.69 36.16
PBDT -141.82 -105.69 34.18 1044.52 -341.19 -406.14 398.41 37.58 960.16
Depreciation 71.38 70.90 0.68 213.04 211.87 0.55 281.22 280.79 0.15
PBT -213.20 -176.59 20.73 831.48 -553.06 -250.34 117.19 -243.21 -148.18
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.65 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -213.20 -176.59 20.73 831.48 -553.06 -250.34 117.19 -245.86 -147.67
Equity 116.12 116.12 0.00 116.12 116.12 0.00 116.12 116.12 0.00
PBIDTM(%) 28.40 26.90 5.57 21.70 23.53 -7.77 17.44 12.67 37.64
Peers
Company Name CMP
JSW Steel 1264.80
Tata Steel 186.20
Steel Authority 184.55
Jindal Stainless 746.95
APL Apollo Tubes 2180.40
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