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Meenakshi Steel - Quaterly Results

08 Aug 2024 Evaluate
The sales is pegged at Rs. 54.45 millions for the June 2024 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 61.20 millions during the year-ago period.The Net Profit of the company registered a slight decline of -29.11% to Rs. 4.87  millions from Rs. 6.87 millions.The Operating Profit of the company witnessed a decrease to 54.86 millions from 60.01 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 54.45 61.20 -11.03 54.45 61.20 -11.03 218.23 242.66 -10.07
Other Income 0.75 0.00 0.00 0.75 0.00 0.00 6.12 6.43 -4.82
PBIDT 54.86 60.01 -8.58 54.86 60.01 -8.58 190.93 212.17 -10.01
Interest 48.59 50.64 -4.05 48.59 50.64 -4.05 194.48 196.06 -0.81
PBDT 6.27 9.37 -33.08 6.27 9.37 -33.08 -3.55 16.11 -122.04
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 6.27 9.37 -33.08 6.27 9.37 -33.08 -3.55 16.11 -122.04
TAX 1.40 2.50 -44.00 1.40 2.50 -44.00 0.06 50.36 -99.88
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 4.87 6.87 -29.11 4.87 6.87 -29.11 -3.61 -34.25 -89.46
Equity 19.92 19.92 0.00 19.92 19.92 0.00 19.92 19.92 0.00
PBIDTM(%) 100.75 98.06 2.75 100.75 98.06 2.75 87.49 87.44 0.06
Peers
Company Name CMP
Bajaj Finserv 1769.00
TVS Holdings 12604.30
Cholamandalam Fin. 1401.90
Altius Telecom Infra 175.00
Kama Holdings 2233.20
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