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Maharashtra Seamless - Quaterly Results

21 May 2024 Evaluate
A decrease in the sales to Rs. 12147.90 millions was observed for the quarter ended March 2024. The sales stood at Rs. 16231.30 millions during the similar quarter previous year.The Net proft of the company remain more or less same to Rs. 2232.90  millions from Rs. 3099.80 millions ,decline by -27.97%.The company reported a degrowth in operating Profit to 3200.30 millions from 3424.30 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 12147.90 16231.30 -25.16 54031.20 57071.30 -5.33 54031.20 57071.30 -5.33
Other Income 438.90 304.00 44.37 1411.70 828.80 70.33 1411.70 828.80 70.33
PBIDT 3200.30 3424.30 -6.54 13638.10 11206.60 21.70 13638.10 11206.60 21.70
Interest 4.50 51.50 -91.26 84.40 357.10 -76.37 84.40 357.10 -76.37
PBDT 3195.80 3372.80 -5.25 13553.70 10849.50 24.92 13553.70 10849.50 24.92
Depreciation 248.30 335.80 -26.06 1092.80 1358.80 -19.58 1092.80 1358.80 -19.58
PBT 2947.50 3037.00 -2.95 12460.90 9490.70 31.30 12460.90 9490.70 31.30
TAX 714.60 -62.80 -1237.90 2711.60 1560.80 73.73 2711.60 1560.80 73.73
Deferred Tax 22.50 768.90 -97.07 515.30 2392.50 -78.46 515.30 2392.50 -78.46
PAT 2232.90 3099.80 -27.97 9749.30 7929.90 22.94 9749.30 7929.90 22.94
Equity 670.00 670.00 0.00 670.00 670.00 0.00 670.00 670.00 0.00
PBIDTM(%) 26.34 21.10 24.87 25.24 19.64 28.54 25.24 19.64 28.54
Peers
Company Name CMP
JSW Steel 1169.00
Tata Steel 173.60
Steel Authority 171.50
Jindal Stainless 707.85
APL Apollo Tubes 2105.10
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