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The revenue for the March 2024 quarter is pegged at Rs. 11773.90 millions, about 7.58% up against Rs. 10943.86 millions recorded during the year-ago period.Net Profit recorded in the quarter ended March 2024 rise to 40.45% to Rs. 953.94  millions  compared to R. 679.18 millions in corresponding previous quarter.The company reported a good operating profit of 1869.11 millions compared to 1252.11 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 11773.90 10943.86 7.58 42271.18 40567.03 4.20 42271.18 40567.03 4.20
Other Income 33.66 10.95 207.40 68.51 32.74 109.25 68.51 32.74 109.25
PBIDT 1869.11 1252.11 49.28 4550.48 3673.62 23.87 4550.48 3673.62 23.87
Interest 75.51 85.05 -11.22 282.03 272.24 3.60 282.03 272.24 3.60
PBDT 1793.60 1167.06 53.69 4268.45 3401.38 25.49 4268.45 3401.38 25.49
Depreciation 340.86 250.57 36.03 1155.28 1002.50 15.24 1155.28 1002.50 15.24
PBT 1452.74 916.49 58.51 3113.17 2398.88 29.78 3113.17 2398.88 29.78
TAX 498.80 237.31 110.19 859.79 989.77 -13.13 859.79 989.77 -13.13
Deferred Tax 116.36 64.76 79.68 304.24 613.60 -50.42 304.24 613.60 -50.42
PAT 953.94 679.18 40.45 2253.38 1409.11 59.92 2253.38 1409.11 59.92
Equity 2412.81 2412.81 0.00 2412.81 2412.81 0.00 2412.81 2412.81 0.00
PBIDTM(%) 15.88 11.44 38.75 10.76 9.06 18.88 10.76 9.06 18.88
Peers
Company Name CMP
JSW Steel 1266.00
Tata Steel 184.70
Steel Authority 174.00
Jindal Stainless 743.30
APL Apollo Tubes 2180.20
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