MoneyWorks4Me

The sales declined to Rs. 761.66 millions for the March 2024 quarter as compared to Rs. 823.54 millions during the corresponding quarter last year.Profit after Tax for the quarter ended March 2024 saw a decline of -52.76% from Rs. 126.73 millions to Rs. 59.87  millions.The company reported a degrowth in operating Profit to 126.19 millions from 214.10 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 761.66 823.54 -7.51 3306.65 3666.39 -9.81 3306.65 3666.39 -9.81
Other Income 13.69 18.98 -27.87 34.53 56.65 -39.05 34.53 56.65 -39.05
PBIDT 126.19 214.10 -41.06 429.25 406.39 5.63 429.25 406.39 5.63
Interest 13.80 12.89 7.06 36.70 40.90 -10.27 36.70 40.90 -10.27
PBDT 112.39 201.21 -44.14 392.55 365.49 7.40 392.55 365.49 7.40
Depreciation 25.83 21.14 22.19 93.85 79.28 18.38 93.85 79.28 18.38
PBT 86.56 180.07 -51.93 298.70 286.21 4.36 298.70 286.21 4.36
TAX 26.69 53.34 -49.96 88.83 84.98 4.53 88.83 84.98 4.53
Deferred Tax 8.87 1.86 376.88 10.66 -0.29 -3775.86 10.66 -0.29 -3775.86
PAT 59.87 126.73 -52.76 209.87 201.23 4.29 209.87 201.23 4.29
Equity 183.64 183.64 0.00 183.64 183.64 0.00 183.64 183.64 0.00
PBIDTM(%) 16.57 26.00 -36.27 12.98 11.08 17.12 12.98 11.08 17.12
Peers
Company Name CMP
JSW Steel 1278.30
Tata Steel 188.40
Steel Authority 184.00
Jindal Stainless 739.60
APL Apollo Tubes 2184.00
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