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Ankit Metal & Power - Quaterly Results

21 Mar 2024 Evaluate
The sales is pegged at Rs. 1468.70 millions for the December 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 1971.68 millions during the year-ago period.The Net Loss for the quarter ended December 2023 is Rs. -760.60 millions as compared to Net Loss of Rs. -431.48 millions of corresponding quarter ended December 2022 Operating profit Margin for the quarter ended December 2023 further decreased to -665.22% as compared to -336.90% of corresponding quarter ended December 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 1468.70 1971.68 -25.51 5556.80 5916.68 -6.08 8539.92 7567.21 12.85
Other Income 0.00 0.18 0.00 69.36 0.53 12986.79 0.87 7.67 -88.66
PBIDT -665.22 -336.90 97.45 -1988.29 -410.38 384.50 -633.88 -44.32 1330.23
Interest 0.04 0.18 -77.78 1.18 0.59 100.00 0.76 47.96 -98.42
PBDT -665.26 -337.08 97.36 -1989.47 -410.97 384.09 -634.64 -92.28 587.73
Depreciation 95.34 94.40 1.00 272.86 270.88 0.73 352.84 423.96 -16.78
PBT -760.60 -431.48 76.28 -2262.33 -681.85 231.79 -987.48 -516.24 91.28
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -760.60 -431.48 76.28 -2262.33 -681.85 231.79 -987.48 -516.24 91.28
Equity 1411.11 1411.11 0.00 1411.11 1411.11 0.00 1411.10 1411.10 0.00
PBIDTM(%) -45.29 -17.09 165.07 -35.78 -6.94 415.88 -7.42 -0.59 1167.30
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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