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India Steel Works - Quaterly Results

07 Jun 2024 Evaluate
Revenue reduced marginally to stand at Rs. 0.00 millions during the quarter ended March 2024. The figure stood at Rs. 12.31 millions during the year-ago period.The Total Profit for the quarter ended March 2024 of Rs. 61.50 millions grew from Rs.-105.56 millions Operating profit Margin for the quarter ended March 2024 improved to 47.56% as compared to -46.36% 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 0.00 12.31 0.00 8.16 47.06 -82.66 8.16 47.06 -82.66
Other Income 55.91 13.12 326.14 64.44 18.94 240.23 64.44 18.94 240.23
PBIDT 47.56 -46.36 -202.59 2.79 -180.67 -101.54 2.79 -180.67 -101.54
Interest 23.84 18.92 26.00 101.46 82.23 23.39 101.46 82.23 23.39
PBDT 81.45 -87.22 -193.38 -40.44 -284.84 -85.80 -40.44 -284.84 -85.80
Depreciation 19.95 18.36 8.66 75.81 74.76 1.40 75.81 74.76 1.40
PBT 61.50 -105.58 -158.25 -116.25 -359.60 -67.67 -116.25 -359.60 -67.67
TAX 0.00 -0.02 0.00 0.00 -0.02 0.00 0.00 -0.02 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 61.50 -105.56 -158.26 -116.25 -359.58 -67.67 -116.25 -359.58 -67.67
Equity 398.08 398.08 0.00 398.08 398.08 0.00 398.08 398.08 0.00
PBIDTM(%) 0.00 -376.60 0.00 34.19 -383.91 -108.91 34.19 -383.91 -108.91
Peers
Company Name CMP
JSW Steel 1292.85
Tata Steel 188.20
Steel Authority 181.10
Jindal Stainless 755.80
APL Apollo Tubes 2195.50
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