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Shree Steel Wire - Quaterly Results

06 Aug 2024 Evaluate
The company witnessed a 12.45% growth in the revenue at Rs. 25.47 millions for the quarter ended June 2024 as compared to Rs. 22.65 millions during the year-ago period.Net Profit for the quarter ended June 2024 zoomed to 212.50% from Rs. 0.08 millions to Rs. 0.25  millions.A decline of 1.16 millions was observed in the OP in the quarter ended June 2024 from 1.34 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 25.47 22.65 12.45 25.47 22.65 12.45 99.57 188.23 -47.10
Other Income 0.42 0.12 250.00 0.42 0.12 250.00 1.41 0.66 113.64
PBIDT 1.16 1.34 -13.43 1.16 1.34 -13.43 1.79 13.96 -87.18
Interest 0.00 0.05 -100.00 0.00 0.05 -100.00 0.39 0.09 333.33
PBDT 1.16 1.29 -10.08 1.16 1.29 -10.08 1.40 13.87 -89.91
Depreciation 0.93 0.83 12.05 0.93 0.83 12.05 3.32 3.20 3.75
PBT 0.23 0.46 -50.00 0.23 0.46 -50.00 -1.92 10.67 -117.99
TAX -0.02 0.38 -105.26 -0.02 0.38 -105.26 -0.44 2.82 -115.60
Deferred Tax -0.26 0.14 -285.71 -0.26 0.14 -285.71 -0.44 -0.22 100.00
PAT 0.25 0.08 212.50 0.25 0.08 212.50 -1.48 7.85 -118.85
Equity 33.12 33.12 0.00 33.12 33.12 0.00 33.12 33.12 0.00
PBIDTM(%) 4.55 5.92 -23.02 4.55 5.92 -23.02 1.80 7.42 -75.76
Peers
Company Name CMP
JSW Steel 1345.00
Tata Steel 187.75
Steel Authority 171.35
Jindal Stainless 690.00
APL Apollo Tubes 2183.95
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