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Garg Furnace - Quaterly Results

23 Jul 2024 Evaluate
The Total revenue for the quarter ended June 2024 of  Rs. 623.28 millions remain, more or less, the same.The Total revenue for the quarter ended June 2024 of  Rs. 15.64  millions  grew by 205.47% from Rs. 5.12 millions.Operating profit surged to 19.87 millions from the corresponding previous quarter of 9.41 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 623.28 617.50 0.94 623.28 617.50 0.94 2580.26 2382.44 8.30
Other Income 1.26 0.34 270.59 1.26 0.34 270.59 13.28 2.04 550.98
PBIDT 19.87 9.41 111.16 19.87 9.41 111.16 73.05 75.12 -2.76
Interest 0.29 0.45 -35.56 0.29 0.45 -35.56 1.76 1.59 10.69
PBDT 19.58 8.96 118.53 19.58 8.96 118.53 71.29 73.53 -3.05
Depreciation 3.94 3.84 2.60 3.94 3.84 2.60 15.70 14.14 11.03
PBT 15.64 5.12 205.47 15.64 5.12 205.47 55.59 59.39 -6.40
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 15.64 5.12 205.47 15.64 5.12 205.47 55.59 59.39 -6.40
Equity 46.09 40.09 14.97 46.09 40.09 14.97 46.09 40.09 14.97
PBIDTM(%) 3.19 1.52 109.20 3.19 1.52 109.20 2.83 3.15 -10.21
Peers
Company Name CMP
JSW Steel 1345.00
Tata Steel 184.90
Steel Authority 169.80
Jindal Stainless 691.05
APL Apollo Tubes 2180.10
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