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The sales declined to Rs. 2533.75 millions for the March 2024 quarter as compared to Rs. 2858.43 millions during the corresponding quarter last year.Handsome Net Profit growth of 54.89% reported above the corresponding previous quarter figure of Rs. 374.22 millions to Rs. 241.60 millions.Operating profit for the quarter ended March 2024 rose to 433.63 millions as compared to 416.92 millions 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 2533.75 2858.43 -11.36 10005.03 11284.16 -11.34 10005.03 11284.16 -11.34
Other Income 97.25 7.59 1181.29 485.44 138.88 249.54 485.44 138.88 249.54
PBIDT 433.63 416.92 4.01 1855.40 1801.50 2.99 1855.40 1801.50 2.99
Interest 31.33 23.14 35.39 115.10 97.71 17.80 115.10 97.71 17.80
PBDT 402.30 393.78 2.16 1740.30 1703.79 2.14 1740.30 1703.79 2.14
Depreciation 94.48 69.70 35.55 239.67 229.29 4.53 239.67 229.29 4.53
PBT 307.82 324.08 -5.02 1500.63 1474.50 1.77 1500.63 1474.50 1.77
TAX -66.40 82.48 -180.50 171.00 382.57 -55.30 171.00 382.57 -55.30
Deferred Tax -169.30 6.83 -2578.77 -121.90 -3.07 3870.68 -121.90 -3.07 3870.68
PAT 374.22 241.60 54.89 1329.63 1091.93 21.77 1329.63 1091.93 21.77
Equity 190.91 190.91 0.00 190.91 190.91 0.00 190.91 190.91 0.00
PBIDTM(%) 17.11 14.59 17.34 18.54 15.96 16.16 18.54 15.96 16.16
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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