MoneyWorks4Me

Shree Steel Wire - Quaterly Results

24 May 2024 Evaluate
The sales is pegged at Rs. 32.91 millions for the March 2024 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 42.60 millions during the year-ago period.The Net Profit of the company slipped to Rs. 0.19 millions from Rs. 0.44 millions, a decline of -56.82% on QoQ basis.The company reported a degrowth in operating Profit to 0.82 millions from 1.98 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 32.91 42.60 -22.75 99.57 188.23 -47.10 99.57 188.23 -47.10
Other Income 0.52 0.26 100.00 1.41 0.66 113.64 1.41 0.66 113.64
PBIDT 0.82 1.98 -58.59 1.79 13.96 -87.18 1.79 13.96 -87.18
Interest 0.00 0.08 -100.00 0.39 0.09 333.33 0.39 0.09 333.33
PBDT 0.82 1.90 -56.84 1.40 13.87 -89.91 1.40 13.87 -89.91
Depreciation 0.83 0.81 2.47 3.32 3.20 3.75 3.32 3.20 3.75
PBT -0.01 1.09 -100.92 -1.92 10.67 -117.99 -1.92 10.67 -117.99
TAX -0.20 0.65 -130.77 -0.44 2.82 -115.60 -0.44 2.82 -115.60
Deferred Tax -0.44 0.18 -344.44 -0.44 -0.22 100.00 -0.44 -0.22 100.00
PAT 0.19 0.44 -56.82 -1.48 7.85 -118.85 -1.48 7.85 -118.85
Equity 33.12 33.12 0.00 33.12 33.12 0.00 33.12 33.12 0.00
PBIDTM(%) 2.49 4.65 -46.39 1.80 7.42 -75.76 1.80 7.42 -75.76
Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
View more..