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The sales is pegged at Rs. 20.07 millions for the December 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 22.94 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 122.22% to Rs. 0.60  millions  from Rs. 0.27 millions in previous same quarter.The company reported a good operating profit of 9.73 millions compared to 9.44 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 20.07 22.94 -12.51 61.12 63.41 -3.61 81.62 96.32 -15.26
Other Income 0.00 0.00 0.00 0.11 0.00 0.00 0.08 0.51 -84.31
PBIDT 9.73 9.44 3.07 27.93 30.84 -9.44 40.66 47.38 -14.18
Interest 4.56 4.95 -7.88 13.89 17.13 -18.91 22.61 29.55 -23.49
PBDT 5.17 4.49 15.14 14.04 13.71 2.41 18.05 17.83 1.23
Depreciation 4.37 4.13 5.81 13.12 13.05 0.54 16.87 16.82 0.30
PBT 0.80 0.36 122.22 0.92 0.66 39.39 1.18 1.01 16.83
TAX 0.20 0.09 122.22 0.20 0.17 17.65 -2.07 -6.87 -69.87
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -2.07 -6.78 -69.47
PAT 0.60 0.27 122.22 0.72 0.49 46.94 3.25 7.88 -58.76
Equity 44.28 44.28 0.00 44.28 44.28 0.00 44.28 44.28 0.00
PBIDTM(%) 48.48 41.15 17.81 45.70 48.64 -6.04 49.82 49.19 1.27
Peers
Company Name CMP
Tata Steel 185.95
JSW Steel 1308.00
Steel Authority 184.00
Jindal Stainless 762.35
APL Apollo Tubes 2198.00
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