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Meenakshi Steel - Quaterly Results

22 May 2024 Evaluate
The revenue for the March 2024 quarter is pegged at Rs. 54.29 millions, about 18.28% up against Rs. 45.90 millions recorded during the year-ago period.The Net Loss for the quarter ended March 2024 is Rs. -10.70 millions as compared to Net Loss of Rs. -59.37 millions of corresponding quarter ended March 2023Operating profit for the quarter ended March 2024 rose to 35.03 millions as compared to 28.32 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 54.29 45.90 18.28 218.23 242.66 -10.07 218.23 242.66 -10.07
Other Income 0.12 0.59 -79.66 6.12 6.43 -4.82 6.12 6.43 -4.82
PBIDT 35.03 28.32 23.69 190.93 212.17 -10.01 190.93 212.17 -10.01
Interest 49.57 45.93 7.93 194.48 196.06 -0.81 194.48 196.06 -0.81
PBDT -14.54 -17.61 -17.43 -3.55 16.11 -122.04 -3.55 16.11 -122.04
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT -14.54 -17.61 -17.43 -3.55 16.11 -122.04 -3.55 16.11 -122.04
TAX -3.84 41.76 -109.20 0.06 50.36 -99.88 0.06 50.36 -99.88
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -10.70 -59.37 -81.98 -3.61 -34.25 -89.46 -3.61 -34.25 -89.46
Equity 19.92 19.92 0.00 19.92 19.92 0.00 19.92 19.92 0.00
PBIDTM(%) 64.52 61.70 4.58 87.49 87.44 0.06 87.49 87.44 0.06
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