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The sales moved up 31.58% to Rs. 3309.20 millions for the March 2024 quarter as compared to Rs. 2514.97 millions during the year-ago period.The Company's Net profit for the March 2024 quarter have declined marginally to Rs. 167.68  millions as against Rs. 172.50 millions reported during the corresponding quarter ended.Operating Profit saw a handsome growth to 431.86 millions from 314.83 millions in the quarter ended March 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 3309.20 2514.97 31.58 11531.88 6437.12 79.15 11531.88 6437.12 79.15
Other Income 11.48 1.29 789.92 51.97 7.48 594.79 51.97 7.48 594.79
PBIDT 431.86 314.83 37.17 1437.91 826.31 74.02 1437.91 826.31 74.02
Interest 99.36 45.13 120.16 325.63 103.80 213.71 325.63 103.80 213.71
PBDT 332.50 269.70 23.29 1112.28 722.51 53.95 1112.28 722.51 53.95
Depreciation 96.59 34.09 183.34 338.66 94.24 259.36 338.66 94.24 259.36
PBT 235.91 235.61 0.13 773.62 628.27 23.13 773.62 628.27 23.13
TAX 68.23 63.11 8.11 205.63 166.19 23.73 205.63 166.19 23.73
Deferred Tax 22.34 0.76 2839.47 39.80 10.57 276.54 39.80 10.57 276.54
PAT 167.68 172.50 -2.79 567.99 462.08 22.92 567.99 462.08 22.92
Equity 288.65 276.16 4.52 288.65 276.16 4.52 288.65 276.16 4.52
PBIDTM(%) 13.05 12.52 4.25 12.47 12.84 -2.86 12.47 12.84 -2.86
Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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