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Modern Steels - Quaterly Results

18 May 2024 Evaluate
Revenue reduced marginally to stand at Rs. 0.00 millions during the quarter ended March 2024. The figure stood at Rs. 0.00 millions during the year-ago period.The Net Profit of the company slipped to Rs. 9.70 millions from Rs. 24.80 millions, a decline of -60.89% on QoQ basis.Operating Profit reported a sharp decline to 9.70 millions from 25.40 millions in the corresponding previous quarter.


(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 1293.50
Tata Steel 190.85
Steel Authority 185.00
Jindal Stainless 753.25
APL Apollo Tubes 2190.00
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