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The sales is pegged at Rs. 147.69 millions for the December 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 161.12 millions during the year-ago period.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 1354.00
Tata Steel 189.50
Steel Authority 170.80
Jindal Stainless 704.45
APL Apollo Tubes 2186.95
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