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Ashirwad Steels &Ind - Quaterly Results

25 Oct 2024 Evaluate
The company witnessed a 19.31% growth in the revenue at Rs. 2.78 millions for the quarter ended September 2024 as compared to Rs. 2.33 millions during the year-ago period.Net profit for the quarter ended September 2024 increases to Rs. 5.11  millions from Rs. 4.95 millions.Operating profit for the quarter ended September 2024 rose to 7.18 millions as compared to 7.05 millions of corresponding quarter ended September 2023.


(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 1312.30
Tata Steel 176.75
Steel Authority 166.00
Jindal Stainless 688.75
APL Apollo Tubes 2167.50
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