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Chennai Ferrous - Quaterly Results

14 Aug 2024 Evaluate
The sales declined to Rs. 740.81 millions for the June 2024 quarter as compared to Rs. 956.84 millions during the corresponding quarter last year.Profit saw a slight increase of 23.16%to Rs. 17.39  millions from Rs. 14.12 millions.Operating Profit saw a handsome growth to 25.97 millions from 17.28 millions in the quarter ended June 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 740.81 956.84 -22.58 740.81 956.84 -22.58 1364.23 1389.03 -1.79
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 66.01 33.95 94.43
PBIDT 25.97 17.28 50.29 25.97 17.28 50.29 54.15 43.99 23.10
Interest 0.03 0.47 -93.62 0.03 0.47 -93.62 1.02 0.21 385.71
PBDT 25.94 16.81 54.31 25.94 16.81 54.31 53.13 43.78 21.36
Depreciation 2.70 2.69 0.37 2.70 2.69 0.37 11.37 10.85 4.79
PBT 23.24 14.12 64.59 23.24 14.12 64.59 41.76 32.93 26.81
TAX 5.85 0.00 0.00 5.85 0.00 0.00 13.85 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 17.39 14.12 23.16 17.39 14.12 23.16 27.91 32.93 -15.24
Equity 36.04 36.04 0.00 36.04 36.04 0.00 36.04 36.04 0.00
PBIDTM(%) 3.51 1.81 94.12 3.51 1.81 94.12 3.97 3.17 25.33
Peers
Company Name CMP
Redington 358.60
Adani Enterprises 2736.00
Amrapali Industries 34.77
Maxgrow India 178.35
Rashi Peripheral 697.90
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