MoneyWorks4Me

A decrease in the sales to Rs. 1420.37 millions was observed for the quarter ended March 2024. The sales stood at Rs. 1508.32 millions during the similar quarter previous year.The Company to register a -38.67%  fall in the net profit for the quarter ended March 2024.The company reported a degrowth in operating Profit to 91.32 millions from 150.07 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 1420.37 1508.32 -5.83 5953.79 4797.48 24.10 5953.79 4797.48 24.10
Other Income 46.43 10.00 364.30 70.21 13.97 402.58 70.21 13.97 402.58
PBIDT 91.32 150.07 -39.15 570.04 470.22 21.23 570.04 470.22 21.23
Interest 19.76 29.41 -32.81 120.87 122.92 -1.67 120.87 122.92 -1.67
PBDT 71.56 120.66 -40.69 449.17 347.30 29.33 449.17 347.30 29.33
Depreciation 15.73 10.62 48.12 58.24 40.18 44.95 58.24 40.18 44.95
PBT 55.83 110.04 -49.26 390.93 307.12 27.29 390.93 307.12 27.29
TAX -0.27 18.57 -101.45 80.43 56.68 41.90 80.43 56.68 41.90
Deferred Tax -1.86 13.07 -114.23 10.00 15.33 -34.77 10.00 15.33 -34.77
PAT 56.10 91.47 -38.67 310.50 250.44 23.98 310.50 250.44 23.98
Equity 486.94 348.94 39.55 486.94 348.94 39.55 486.94 348.94 39.55
PBIDTM(%) 6.43 9.95 -35.38 9.57 9.80 -2.32 9.57 9.80 -2.32
Peers
Company Name CMP
JSW Steel 1182.00
Tata Steel 174.70
Steel Authority 172.80
Jindal Stainless 720.05
APL Apollo Tubes 2177.60
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