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A fair growth of 14.23% in the revenue at Rs. 264.43 millions was reported in the December 2023 quarter as compared to Rs. 231.49 millions during year-ago period.The Net Profit of the company reported a remarkable increase of 176.09% to Rs. 2.54  millions  from Rs. 0.92 millions in previous same quarter.Operating profit surged to 6.42 millions from the corresponding previous quarter of 4.45 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 264.43 231.49 14.23 760.30 714.71 6.38 998.84 531.67 87.87
Other Income 0.07 0.01 600.00 0.07 0.19 -63.16 0.24 0.00 0.00
PBIDT 6.42 4.45 44.27 18.42 12.53 47.01 23.79 20.77 14.54
Interest 3.63 3.34 8.68 9.89 8.54 15.81 12.68 13.87 -8.58
PBDT 2.79 1.11 151.35 8.53 3.99 113.78 11.11 6.90 61.01
Depreciation 0.25 0.19 31.58 0.72 0.57 26.32 0.74 0.78 -5.13
PBT 2.54 0.92 176.09 7.81 3.42 128.36 10.37 6.12 69.44
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.80 0.50 60.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 2.54 0.92 176.09 7.81 3.42 128.36 9.57 5.62 70.28
Equity 45.00 45.00 0.00 45.00 45.00 0.00 45.00 45.00 0.00
PBIDTM(%) 2.43 1.92 26.30 2.42 1.75 38.19 2.38 3.91 -39.03
Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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