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LA TIM Metal & Inds. - Quaterly Results

21 May 2024 Evaluate
The company witnessed a 21.45% growth in the revenue at Rs. 711.52 millions for the quarter ended March 2024 as compared to Rs. 585.86 millions during the year-ago period.Net Profit for the quarter ended March 2024 zoomed to 1658.79% from Rs. 1.82 millions to Rs. 32.01  millions.Operating profit surged to 55.59 millions from the corresponding previous quarter of 21.77 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 711.52 585.86 21.45 3481.69 2716.18 28.18 3481.69 2716.18 28.18
Other Income 9.33 9.24 0.97 30.57 17.05 79.30 30.57 17.05 79.30
PBIDT 55.59 21.77 155.35 171.28 10.33 1558.08 171.28 10.33 1558.08
Interest 16.15 13.16 22.72 66.39 59.79 11.04 66.39 59.79 11.04
PBDT 39.44 8.61 358.07 104.89 -49.46 -312.07 104.89 -49.46 -312.07
Depreciation 6.85 6.09 12.48 26.37 24.35 8.30 26.37 24.35 8.30
PBT 32.59 2.52 1193.25 78.52 -73.81 -206.38 78.52 -73.81 -206.38
TAX 0.58 0.70 -17.14 2.00 1.19 68.07 2.00 1.19 68.07
Deferred Tax 0.58 1.18 -50.85 2.00 1.67 19.76 2.00 1.67 19.76
PAT 32.01 1.82 1658.79 76.52 -75.00 -202.03 76.52 -75.00 -202.03
Equity 110.39 88.31 25.00 110.39 88.31 25.00 110.39 88.31 25.00
PBIDTM(%) 7.81 3.72 110.26 4.92 0.38 1193.58 4.92 0.38 1193.58
Peers
Company Name CMP
JSW Steel 1215.70
Tata Steel 175.60
Steel Authority 171.25
Jindal Stainless 736.25
APL Apollo Tubes 2137.60
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