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Net sales declined -20.37%  to  Rs. 193.47 million from Rs. 242.95 millions.Net profit stood at Rs. 8.07  millions  compared to Rs. 7.59 millions in the corresponding previous quarter,high by 6.32%.Operating profit for the quarter ended June 2024 rose to 16.43 millions as compared to 15.20 millions of corresponding quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 193.47 242.95 -20.37 193.47 242.95 -20.37 647.66 860.22 -24.71
Other Income 0.02 0.04 -50.00 0.02 0.04 -50.00 4.47 9.20 -51.41
PBIDT 16.43 15.20 8.09 16.43 15.20 8.09 74.91 91.06 -17.74
Interest 3.86 3.60 7.22 3.86 3.60 7.22 15.26 12.97 17.66
PBDT 12.57 11.60 8.36 12.57 11.60 8.36 59.65 78.09 -23.61
Depreciation 2.48 2.11 17.54 2.48 2.11 17.54 7.15 6.61 8.17
PBT 10.09 9.49 6.32 10.09 9.49 6.32 52.50 71.48 -26.55
TAX 2.02 1.90 6.32 2.02 1.90 6.32 13.80 17.30 -20.23
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 1.74 0.27 544.44
PAT 8.07 7.59 6.32 8.07 7.59 6.32 38.70 54.18 -28.57
Equity 796.88 796.88 0.00 796.88 796.88 0.00 796.88 796.88 0.00
PBIDTM(%) 8.49 6.26 35.74 8.49 6.26 35.74 11.57 10.59 9.26
Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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