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The sales is pegged at Rs. 993.79 millions for the September 2024 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 1218.38 millions during the year-ago period.The Net Loss for the quarter ended September 2024 is Rs. -88.54 millions as compared to Net Loss of Rs. -143.18 millions of corresponding quarter ended September 2023 Operating profit Margin for the quarter ended September 2024 further decreased to -3.46% as compared to -1.61% 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 993.79 1218.38 -18.43 2244.74 3042.47 -26.22 5637.96 6980.85 -19.24
Other Income 9.99 9.63 3.74 20.51 29.71 -30.97 51.66 41.32 25.02
PBIDT -3.46 -1.61 114.91 145.34 68.96 110.76 76.43 297.04 -74.27
Interest 37.31 34.71 7.49 72.91 61.77 18.03 245.22 172.58 42.09
PBDT -40.00 -36.32 10.13 52.64 7.19 632.13 -823.25 133.18 -718.15
Depreciation 48.54 112.86 -56.99 96.26 222.94 -56.82 451.33 99.12 355.34
PBT -88.54 -149.18 -40.65 -43.62 -215.75 -79.78 -1274.58 34.06 -3842.16
TAX 0.00 -6.00 0.00 0.00 -6.00 0.00 -336.55 51.99 -747.34
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -350.00 51.99 -773.21
PAT -88.54 -143.18 -38.16 -43.62 -209.75 -79.20 -938.03 -17.93 5131.62
Equity 361.40 361.40 0.00 361.40 361.40 0.00 361.40 361.40 0.00
PBIDTM(%) -0.35 -0.13 163.59 6.47 2.27 185.66 1.36 4.26 -68.14
Peers
Company Name CMP
JSW Steel 1245.00
Tata Steel 167.70
Steel Authority 159.70
Jindal Stainless 674.25
APL Apollo Tubes 2161.00
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