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Ashirwad Steels &Ind - Quaterly Results

25 Oct 2024 Evaluate
The revenue zoomed 19.31% to Rs. 2.78 millions for the quarter ended September 2024 as compared to Rs. 2.33 millions during the corresponding quarter last year.Net profit showed a marginal rise at Rs. 5.11 millions for the quarter ended September 2024, as compared to corresponding quarter of last year.Operating profit surged to 7.18 millions from the corresponding previous quarter of 7.05 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 2.78 2.33 19.31 6.28 3.85 63.12 15.85 21.21 -25.27
Other Income 6.72 7.00 -4.00 13.67 13.39 2.09 28.14 23.22 21.19
PBIDT 7.18 7.05 1.84 15.30 11.62 31.67 33.24 28.84 15.26
Interest 0.00 0.04 -100.00 0.17 0.10 70.00 0.62 0.24 158.33
PBDT 7.18 7.01 2.43 15.13 11.52 31.34 32.62 187.36 -82.59
Depreciation 0.18 0.20 -10.00 0.37 0.39 -5.13 0.76 0.77 -1.30
PBT 7.00 6.81 2.79 14.76 11.13 32.61 31.86 186.59 -82.93
TAX 1.89 1.86 1.61 3.69 3.22 14.60 9.31 18.93 -50.82
Deferred Tax 0.31 -0.28 -210.71 -0.02 -0.01 100.00 0.23 0.01 2200.00
PAT 5.11 4.95 3.23 11.07 7.91 39.95 22.55 167.66 -86.55
Equity 125.00 125.00 0.00 125.00 125.00 0.00 125.00 125.00 0.00
PBIDTM(%) 258.27 302.58 -14.64 243.63 301.82 -19.28 209.72 135.97 54.23
Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 183.75
Steel Authority 174.65
Jindal Stainless 744.25
APL Apollo Tubes 2163.50
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