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Meenakshi Steel - Quaterly Results

12 Nov 2024 Evaluate
The revenue for the September 2024 quarter is pegged at Rs. 47.43 millions against Rs. 49.63 millions recorded during the year-ago period.The Net Loss for the quarter ended September 2024 is Rs. -13.50 millions as compared to Net Loss of Rs. -2.61 millions of corresponding quarter ended September 2023Operating Profit reported a sharp decline to 27.90 millions from 48.27 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 47.43 49.63 -4.43 101.88 110.83 -8.08 218.23 242.66 -10.07
Other Income 0.92 5.02 -81.67 1.67 5.02 -66.73 6.12 6.43 -4.82
PBIDT 27.90 48.27 -42.20 82.76 108.28 -23.57 190.93 212.17 -10.01
Interest 42.80 50.88 -15.88 91.39 101.52 -9.98 194.48 196.06 -0.81
PBDT -14.90 -2.61 470.88 -8.63 6.76 -227.66 -3.55 16.11 -122.04
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT -14.90 -2.61 470.88 -8.63 6.76 -227.66 -3.55 16.11 -122.04
TAX -1.40 0.00 0.00 0.00 2.50 -100.00 0.06 50.36 -99.88
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -13.50 -2.61 417.24 -8.63 4.26 -302.58 -3.61 -34.25 -89.46
Equity 19.92 19.92 0.00 19.92 19.92 0.00 19.92 19.92 0.00
PBIDTM(%) 58.82 97.26 -39.52 81.23 97.70 -16.85 87.49 87.44 0.06
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