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A slight decline in the revenue of Rs. 20725.10 millions was seen for the June 2024 quarter as against Rs. 21032.50 millions during year-ago period.The company has announced a 30.07% increase in its profits to Rs . 1135.40  millions for the  quarter ended June 2024 compared to Rs. 872.90 millions in the corresponding quarter in the previous year.The company reported a good operating profit of 2396.50 millions compared to 2216.30 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 20725.10 21032.50 -1.46 20725.10 21032.50 -1.46 90817.80 77313.50 17.47
Other Income 329.60 468.10 -29.59 329.60 468.10 -29.59 4765.10 2622.70 81.69
PBIDT 2396.50 2216.30 8.13 2396.50 2216.30 8.13 9656.40 7026.10 37.44
Interest 430.70 671.60 -35.87 430.70 671.60 -35.87 2053.90 1938.40 5.96
PBDT 1965.80 1544.70 27.26 1965.80 1544.70 27.26 7602.50 5087.70 49.43
Depreciation 437.60 379.90 15.19 437.60 379.90 15.19 1647.50 1377.40 19.61
PBT 1528.20 1164.80 31.20 1528.20 1164.80 31.20 5955.00 3710.30 60.50
TAX 392.80 291.90 34.57 392.80 291.90 34.57 1191.50 938.40 26.97
Deferred Tax 144.80 6.60 2093.94 144.80 6.60 2093.94 494.70 598.00 -17.27
PAT 1135.40 872.90 30.07 1135.40 872.90 30.07 4763.50 2771.90 71.85
Equity 1311.10 1307.70 0.26 1311.10 1307.70 0.26 1308.30 1307.70 0.05
PBIDTM(%) 11.56 10.54 9.73 11.56 10.54 9.73 10.63 9.09 17.00
Peers
Company Name CMP
JSW Steel 1215.70
Tata Steel 175.60
Steel Authority 171.25
Jindal Stainless 736.25
APL Apollo Tubes 2137.60
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