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The sales is pegged at Rs. 1471.56 millions for the March 2024 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 1623.30 millions during the year-ago period.Net Profit recorded in the quarter ended March 2024 rise to 36.62% to Rs. 218.04  millions  compared to R. 159.60 millions in corresponding previous quarter.The Operating Profit of the company witnessed a decrease to 375.87 millions from 458.45 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 1471.56 1623.30 -9.35 6218.35 5890.64 5.56 6218.35 5890.64 5.56
Other Income 2.15 1.58 36.08 8.22 6.69 22.87 8.22 6.69 22.87
PBIDT 375.87 458.45 -18.01 1648.35 1394.86 18.17 1648.35 1394.86 18.17
Interest 36.39 61.50 -40.83 147.86 221.99 -33.39 147.86 221.99 -33.39
PBDT 339.48 396.95 -14.48 1500.49 1172.87 27.93 1500.49 1172.87 27.93
Depreciation 53.16 52.11 2.01 211.64 206.57 2.45 211.64 206.57 2.45
PBT 286.32 344.84 -16.97 1288.85 966.30 33.38 1288.85 966.30 33.38
TAX 68.28 185.24 -63.14 325.44 343.79 -5.34 325.44 343.79 -5.34
Deferred Tax 68.28 176.37 -61.29 325.44 338.23 -3.78 325.44 338.23 -3.78
PAT 218.04 159.60 36.62 963.41 622.51 54.76 963.41 622.51 54.76
Equity 680.42 678.98 0.21 680.42 678.98 0.21 680.42 678.98 0.21
PBIDTM(%) 25.54 28.24 -9.56 26.51 23.68 11.95 26.51 23.68 11.95
Peers
Company Name CMP
JSW Steel 1354.00
Tata Steel 187.20
Steel Authority 177.60
Jindal Stainless 711.45
APL Apollo Tubes 2231.70
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