MoneyWorks4Me

The revenue zoomed 13.67% to Rs. 394.47 millions for the quarter ended March 2024 as compared to Rs. 347.02 millions during the corresponding quarter last year.The company has announced a 27.75% increase in its profits to Rs . 133.58  millions for the  quarter ended March 2024 compared to Rs. 104.56 millions in the corresponding quarter in the previous year.OP of the company witnessed a marginal growth to 185.64 millions from 145.64 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 394.47 347.02 13.67 1708.84 1674.74 2.04 1708.84 1674.74 2.04
Other Income 27.84 15.85 75.65 123.83 54.45 127.42 123.83 54.45 127.42
PBIDT 185.64 145.64 27.46 765.08 661.22 15.71 765.08 661.22 15.71
Interest 0.07 0.00 0.00 0.95 1.23 -22.76 0.95 1.23 -22.76
PBDT 185.57 145.64 27.42 764.13 659.99 15.78 764.13 659.99 15.78
Depreciation 7.81 7.81 0.00 30.73 31.33 -1.92 30.73 31.33 -1.92
PBT 177.76 137.83 28.97 733.40 628.66 16.66 733.40 628.66 16.66
TAX 44.18 33.27 32.79 177.62 155.29 14.38 177.62 155.29 14.38
Deferred Tax 1.86 4.10 -54.63 2.50 3.44 -27.33 2.50 3.44 -27.33
PAT 133.58 104.56 27.75 555.78 473.37 17.41 555.78 473.37 17.41
Equity 60.76 60.76 0.00 60.76 60.76 0.00 60.76 60.76 0.00
PBIDTM(%) 47.06 41.97 12.13 44.77 39.48 13.40 44.77 39.48 13.40
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
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