MoneyWorks4Me

A decrease in the sales to Rs. 981.26 millions was observed for the quarter ended June 2024. The sales stood at Rs. 1073.70 millions during the similar quarter previous year.Net Profit witnessed a 1318.52% growth almost the double from Rs. 1.35 millions to Rs. 19.15  millions  of same quarter last year.The company reported a good operating profit of 59.70 millions compared to 46.63 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 981.26 1073.70 -8.61 981.26 1073.70 -8.61 4276.15 4886.41 -12.49
Other Income 6.84 3.48 96.55 6.84 3.48 96.55 42.46 14.05 202.21
PBIDT 59.70 46.63 28.03 59.70 46.63 28.03 199.52 169.38 17.79
Interest 13.93 24.82 -43.88 13.93 24.82 -43.88 79.43 70.79 12.21
PBDT 45.77 21.81 109.86 45.77 21.81 109.86 120.09 98.59 21.81
Depreciation 20.12 20.14 -0.10 20.12 20.14 -0.10 80.92 79.60 1.66
PBT 25.65 1.67 1435.93 25.65 1.67 1435.93 39.17 18.99 106.27
TAX 6.50 0.32 1931.25 6.50 0.32 1931.25 9.49 5.21 82.15
Deferred Tax -2.31 -2.83 -18.37 -2.31 -2.83 -18.37 -2.55 -3.94 -35.28
PAT 19.15 1.35 1318.52 19.15 1.35 1318.52 29.68 13.78 115.38
Equity 190.78 190.78 0.00 190.78 190.78 0.00 190.78 190.78 0.00
PBIDTM(%) 6.08 4.34 40.09 6.08 4.34 40.09 4.67 3.47 34.61
Peers
Company Name CMP
JSW Steel 1176.45
Tata Steel 171.50
Steel Authority 166.90
Jindal Stainless 705.85
APL Apollo Tubes 2052.00
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