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Steel City Securitie - Quaterly Results

16 May 2024 Evaluate
The sales for the March 2024 quarter moved up 25.13% to Rs. 173.05 millions as compared to Rs. 138.30 millions during the corresponding quarter last year.Net Profit for the quarter ended March 2024 zoomed to 108.69% from Rs. 20.61 millions to Rs. 43.01  millions.The company reported a good operating profit of 60.61 millions compared to 33.23 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 173.05 138.30 25.13 590.60 545.11 8.35 590.60 545.11 8.35
Other Income 11.47 8.85 29.60 34.93 30.87 13.15 34.93 30.87 13.15
PBIDT 60.61 33.23 82.40 171.90 151.68 13.33 171.90 151.68 13.33
Interest 2.39 2.08 14.90 6.04 5.84 3.42 6.04 5.84 3.42
PBDT 58.22 31.15 86.90 165.86 145.84 13.73 165.86 145.84 13.73
Depreciation 1.81 2.16 -16.20 10.21 7.14 43.00 10.21 7.14 43.00
PBT 56.41 28.99 94.58 155.65 138.70 12.22 155.65 138.70 12.22
TAX 13.40 8.38 59.90 40.79 36.55 11.60 40.79 36.55 11.60
Deferred Tax 0.09 0.69 -86.96 1.08 1.15 -6.09 1.08 1.15 -6.09
PAT 43.01 20.61 108.69 114.86 102.15 12.44 114.86 102.15 12.44
Equity 151.07 151.07 0.00 151.07 151.07 0.00 151.07 151.07 0.00
PBIDTM(%) 35.02 24.03 45.77 29.11 27.83 4.60 29.11 27.83 4.60
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