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Modern Steels - Quaterly Results

18 May 2024 Evaluate
Revenue showed a marginal decline at Rs. 0.00 millions. For the quarter ended March 2024, as compared to corresponding quarter of last year.The Company to register a -60.89%  fall in the net profit for the quarter ended March 2024.Operating profit for the quarter ended March 2024 decreased to 9.70 millions as compared to 25.40 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Income 12.30 27.70 -55.60 18.70 196.80 -90.50 18.70 196.80 -90.50
PBIDT 9.70 25.40 -61.81 5.70 191.30 -97.02 5.70 191.30 -97.02
Interest 0.00 0.00 0.00 0.00 2.40 0.00 0.00 2.40 0.00
PBDT 9.70 24.80 -60.89 5.70 138.30 -95.88 5.70 138.30 -95.88
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 9.70 24.80 -60.89 5.70 138.30 -95.88 5.70 138.30 -95.88
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 9.70 24.80 -60.89 5.70 138.30 -95.88 5.70 138.30 -95.88
Equity 144.00 144.00 0.00 144.00 144.00 0.00 144.00 144.00 0.00
PBIDTM(%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Peers
Company Name CMP
JSW Steel 1294.30
Tata Steel 190.95
Steel Authority 184.95
Jindal Stainless 753.25
APL Apollo Tubes 2190.00
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