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Ashirwad Steels &Ind - Quaterly Results

26 Jul 2024 Evaluate
The total revenue for the June 2024 quarter zoomed 130.26% to Rs. 3.50 millions as compared to Rs. 1.52 millions during the year-ago period.Net Profit for the quarter ended June 2024 zoomed to 101.35% from Rs. 2.96 millions to Rs. 5.96  millions.Operating profit surged to 8.12 millions from the corresponding previous quarter of 4.57 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 3.50 1.52 130.26 3.50 1.52 130.26 15.85 21.21 -25.27
Other Income 6.95 6.39 8.76 6.95 6.39 8.76 28.14 23.22 21.19
PBIDT 8.12 4.57 77.68 8.12 4.57 77.68 33.24 28.84 15.26
Interest 0.17 0.06 183.33 0.17 0.06 183.33 0.62 0.24 158.33
PBDT 7.95 4.51 76.27 7.95 4.51 76.27 32.62 187.36 -82.59
Depreciation 0.19 0.19 0.00 0.19 0.19 0.00 0.76 0.77 -1.30
PBT 7.76 4.32 79.63 7.76 4.32 79.63 31.86 186.59 -82.93
TAX 1.80 1.36 32.35 1.80 1.36 32.35 9.31 18.93 -50.82
Deferred Tax -0.33 0.27 -222.22 -0.33 0.27 -222.22 0.23 0.01 2200.00
PAT 5.96 2.96 101.35 5.96 2.96 101.35 22.55 167.66 -86.55
Equity 125.00 125.00 0.00 125.00 125.00 0.00 125.00 125.00 0.00
PBIDTM(%) 232.00 300.66 -22.84 232.00 300.66 -22.84 209.72 135.97 54.23
Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 183.75
Steel Authority 174.65
Jindal Stainless 744.25
APL Apollo Tubes 2163.50
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