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Meenakshi Steel - Quaterly Results

12 Feb 2024 Evaluate
The sales is pegged at Rs. 53.11 millions for the December 2023 quarter. The mentioned figure indicates a decline of about -36.46% as against Rs. 83.58 millions during the year-ago period.The Company to register a -71.83%  fall in the net profit for the quarter ended December 2023.Operating Profit reported a sharp decline to 47.61 millions from 66.05 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 53.11 83.58 -36.46 163.95 196.76 -16.68 242.66 196.09 23.75
Other Income 0.98 0.24 308.33 6.00 5.84 2.74 6.43 5.59 15.03
PBIDT 47.61 66.05 -27.92 155.90 183.84 -15.20 212.17 199.62 6.29
Interest 43.40 52.64 -17.55 144.92 150.12 -3.46 196.06 142.56 37.53
PBDT 4.21 13.41 -68.61 10.98 33.72 -67.44 16.11 57.06 -71.77
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 4.21 13.41 -68.61 10.98 33.72 -67.44 16.11 57.06 -71.77
TAX 1.39 3.40 -59.12 3.89 8.60 -54.77 50.36 14.50 247.31
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 2.82 10.01 -71.83 7.09 25.12 -71.78 -34.25 42.56 -180.47
Equity 19.92 19.92 0.00 19.92 19.92 0.00 19.92 19.92 0.00
PBIDTM(%) 89.64 79.03 13.44 95.09 93.43 1.77 87.44 101.80 -14.11
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