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Ashiana Ispat - Quaterly Results

14 Aug 2024 Evaluate
The topline advanced to Rs. 1087.93 millions, up 83.50% for the June 2024 quarter as against Rs. 592.89 millions during the year-ago period.The Total Profit for the quarter ended June 2024 of Rs. 31.71 millions grew from Rs.-4.35 millionsOperating Profit saw a handsome growth to 61.04 millions from 24.08 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 1087.93 592.89 83.50 1087.93 592.89 83.50 3218.36 4645.69 -30.72
Other Income 0.26 0.00 0.00 0.26 0.00 0.00 26.33 9.72 170.88
PBIDT 61.04 24.08 153.49 61.04 24.08 153.49 129.40 128.03 1.07
Interest 23.88 22.55 5.90 23.88 22.55 5.90 90.20 71.42 26.30
PBDT 37.16 1.53 2328.76 37.16 1.53 2328.76 39.20 56.61 -30.75
Depreciation 4.42 4.98 -11.24 4.42 4.98 -11.24 19.18 22.17 -13.49
PBT 32.74 -3.45 -1048.99 32.74 -3.45 -1048.99 20.02 34.44 -41.87
TAX 1.03 0.90 14.44 1.03 0.90 14.44 5.30 4.47 18.57
Deferred Tax 1.03 0.90 14.44 1.03 0.90 14.44 5.27 4.47 17.90
PAT 31.71 -4.35 -828.97 31.71 -4.35 -828.97 14.72 29.97 -50.88
Equity 79.65 79.65 0.00 79.65 79.65 0.00 79.65 79.65 0.00
PBIDTM(%) 5.61 4.06 38.14 5.61 4.06 38.14 4.02 2.76 45.89
Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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