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Bengal Steel Inds - Quaterly Results

22 Apr 2024 Evaluate
The revenue slipped marginally during the March 2024 quarter. A decline of about Rs. 1.20 millions was observed as compared to Rs. 1.20 millions during the corresponding quarter last year.A radical decline of -90.91% was reported in the net profit of the company for the quarter ended March 2024 to Rs. 0.21  millions from Rs. 2.31 millions.Operating profit for the quarter ended March 2024 decreased to 0.27 millions as compared to 2.69 millions of corresponding quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 1.20 1.20 0.00 4.80 4.80 0.00 4.80 4.80 0.00
Other Income 0.00 2.34 0.00 0.00 2.35 0.00 0.00 2.35 0.00
PBIDT 0.27 2.69 -89.96 1.03 2.35 -56.17 1.03 2.35 -56.17
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 0.27 2.69 -89.96 1.03 2.35 -56.17 1.03 2.35 -56.17
Depreciation 0.02 0.03 -33.33 0.10 0.10 0.00 0.10 0.10 0.00
PBT 0.25 2.66 -90.60 0.93 2.25 -58.67 0.93 2.25 -58.67
TAX 0.04 0.35 -88.57 0.14 0.35 -60.00 0.14 0.35 -60.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.21 2.31 -90.91 0.79 1.90 -58.42 0.79 1.90 -58.42
Equity 49.00 49.00 0.00 49.00 49.00 0.00 49.00 49.00 0.00
PBIDTM(%) 22.50 224.17 -89.96 21.46 48.96 -56.17 21.46 48.96 -56.17
Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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