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Net sales declined -8.06%  to  Rs. 1189.19 million from Rs. 1293.50 millions.Net Profit witnessed a 117.14% growth almost the double from Rs. 28.24 millions to Rs. 61.32  millions  of same quarter last year.Operating profit surged to 88.49 millions from the corresponding previous quarter of 54.79 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 1189.19 1293.50 -8.06 4789.86 4313.29 11.05 6414.81 5045.21 27.15
Other Income 36.12 34.47 4.79 114.42 57.42 99.27 72.28 82.27 -12.14
PBIDT 88.49 54.79 61.51 369.90 147.37 151.00 242.94 470.23 -48.34
Interest 26.56 6.10 335.41 37.02 11.37 225.59 24.69 8.08 205.57
PBDT 90.45 48.69 85.77 361.40 136.00 165.74 218.25 462.15 -52.78
Depreciation 13.18 13.19 -0.08 38.29 40.97 -6.54 53.79 56.29 -4.44
PBT 77.27 35.50 117.66 323.11 95.03 240.01 164.46 405.86 -59.48
TAX 15.95 7.26 119.70 73.37 22.55 225.37 37.98 110.27 -65.56
Deferred Tax 11.45 1.76 550.57 27.37 2.05 1235.12 4.60 3.72 23.66
PAT 61.32 28.24 117.14 249.74 72.48 244.56 126.48 295.59 -57.21
Equity 65.53 65.53 0.00 65.53 65.53 0.00 65.53 65.53 0.00
PBIDTM(%) 7.44 4.24 75.67 7.72 3.42 126.03 3.79 9.32 -59.37
Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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