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The sales declined to Rs. 974.63 millions for the March 2024 quarter as compared to Rs. 1060.80 millions during the corresponding quarter last year.The Net Loss for the quarter ended March 2024 is Rs. -34.98 millions as compared to Net Loss of Rs. -13.75 millions of corresponding quarter ended March 2023Operating profit Margin for the quarter ended March 2024 slipped to -12.46% as compared to 10.20% 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 974.63 1060.80 -8.12 3880.80 4022.09 -3.51 3880.80 4022.09 -3.51
Other Income 16.25 41.01 -60.38 66.60 157.42 -57.69 66.60 157.42 -57.69
PBIDT -12.46 10.20 -222.16 134.23 166.13 -19.20 134.23 166.13 -19.20
Interest 13.52 3.74 261.50 43.55 11.75 270.64 43.55 11.75 270.64
PBDT -25.98 6.46 -502.17 90.68 154.38 -41.26 90.68 154.38 -41.26
Depreciation 6.37 3.05 108.85 52.53 11.83 344.04 52.53 11.83 344.04
PBT -32.35 3.41 -1048.68 38.15 142.55 -73.24 38.15 142.55 -73.24
TAX 2.63 17.16 -84.67 12.15 47.55 -74.45 12.15 47.55 -74.45
Deferred Tax 5.87 8.04 -26.99 9.30 2.81 230.96 9.30 2.81 230.96
PAT -34.98 -13.75 154.40 26.00 95.00 -72.63 26.00 95.00 -72.63
Equity 284.66 284.66 0.00 284.66 284.66 0.00 284.66 284.66 0.00
PBIDTM(%) -1.28 0.96 -232.96 3.46 4.13 -16.26 3.46 4.13 -16.26
Peers
Company Name CMP
JSW Steel 1268.00
Tata Steel 184.75
Steel Authority 180.00
Jindal Stainless 750.90
APL Apollo Tubes 2270.65
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