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Pennar Industries reports Profit after tax of Rs 1.00 Mln, in the September 2020 quarter

13 Nov 2020 Evaluate
The Sales for the quarter ended September 2020 of Rs. 3930.40 million declined by -32.15% from Rs. 5793.20 millions.A big loss of -99.57% reported for the quarter ended September 2020 to Rs. 1.00  millions from Rs. 234.40 millions.The company reported a degrowth in operating Profit to 320.40 millions from 529.80 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202009 201909 % Var 202009 201909 % Var 202003 201903 % Var
Sales 3930.40 5793.20 -32.15 5554.70 11140.50 -50.14 20976.60 21161.20 -0.87
Other Income 19.30 80.40 -76.00 45.10 115.10 -60.82 202.90 260.30 -22.05
PBIDT 320.40 529.80 -39.52 186.40 1077.70 -82.70 1880.30 1964.90 -4.31
Interest 197.90 226.10 -12.47 394.70 425.30 -7.19 834.00 751.10 11.04
PBDT 122.50 303.70 -59.66 -208.30 652.40 -131.93 1046.30 1213.80 -13.80
Depreciation 120.40 104.10 15.66 239.70 198.90 20.51 426.80 278.70 53.14
PBT 2.10 199.60 -98.95 -448.00 453.50 -198.79 619.50 935.10 -33.75
TAX 1.10 -34.80 -103.16 -112.10 55.60 -301.62 94.40 294.70 -67.97
Deferred Tax 1.10 -61.20 -101.80 -112.10 -52.40 113.93 -79.60 47.00 -269.36
PAT 1.00 234.40 -99.57 -335.90 397.90 -184.42 525.10 640.40 -18.00
Equity 710.80 761.80 -6.69 710.80 761.80 -6.69 726.20 761.80 -4.67
PBIDTM(%) 8.15 9.15 -10.86 3.36 9.67 -65.31 8.96 9.29 -3.46
Peers
Company Name CMP
JSW Steel 1230.00
Tata Steel 183.40
Steel Authority 173.15
Jindal Stainless 724.60
APL Apollo Tubes 2115.85
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