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The sales is pegged at Rs. 1464.35 millions for the March 2024 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 1861.42 millions during the year-ago period.The Net Loss for the quarter ended March 2024 is Rs. -680.49 millions as compared to Net Profit of Rs. 116.53 millions of corresponding quarter ended March 2023Operating profit Margin for the quarter ended March 2024 slipped to -92.80% as compared to 288.68% 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 1464.35 1861.42 -21.33 5637.96 6980.85 -19.24 5637.96 6980.85 -19.24
Other Income -19.78 30.23 -165.43 51.66 41.32 25.02 51.66 41.32 25.02
PBIDT -92.80 288.68 -132.15 76.43 297.04 -74.27 76.43 297.04 -74.27
Interest 149.56 125.68 19.00 245.22 172.58 42.09 245.22 172.58 42.09
PBDT -896.82 163.00 -650.20 -823.25 133.18 -718.15 -823.25 133.18 -718.15
Depreciation 114.22 24.80 360.56 451.33 99.12 355.34 451.33 99.12 355.34
PBT -1011.04 138.20 -831.58 -1274.58 34.06 -3842.16 -1274.58 34.06 -3842.16
TAX -330.55 21.67 -1625.38 -336.55 51.99 -747.34 -336.55 51.99 -747.34
Deferred Tax -350.00 21.67 -1715.14 -350.00 51.99 -773.21 -350.00 51.99 -773.21
PAT -680.49 116.53 -683.96 -938.03 -17.93 5131.62 -938.03 -17.93 5131.62
Equity 361.40 361.40 0.00 361.40 361.40 0.00 361.40 361.40 0.00
PBIDTM(%) -6.34 15.51 -140.86 1.36 4.26 -68.14 1.36 4.26 -68.14
Peers
Company Name CMP
JSW Steel 1245.00
Tata Steel 167.70
Steel Authority 159.70
Jindal Stainless 674.25
APL Apollo Tubes 2161.00
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