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01-Feb-2024
PAT down 9.65%
'For the quarter ending Dec 2023, standalone Net sales (including other operating income) of Steelcast has declined 24.57% to Rs 90.31 crore compared to quarter ended Dec 2022. Operating profit margin has jumped from 25.61% to 30.26%, leading to 10.86% decline in operating profit to Rs 27.33 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 27.88% to 21.34%. Employee cost increased from 7.75% to 11.55%. Other expenses fell from 39.15% to 36.29%. Stores consumed for sales rose from 12.48% to 12.87%. Power and Oil fuel cost fell from 13.79% to 8.66%. Other direct service cost rose from 8.97% to 10.76%. Other income up 628.57% to Rs 0.51 crore. PBIDT fell 9.40% to Rs 27.84 crore. Provision for interest fell 98.15% to Rs 0.01 crore. PBDT fell 7.82% to Rs 27.83 crore. Provision for depreciation ... Pleaselogin & subscribe to view the full report. More Reports (30-Jan-2025) Subros NP up 22.56% (30-Jan-2025) Gabriel India Sales up 24.67% and NP increased 45.72% (30-Jan-2025) Craftsman Automation NP decreased 82.32% (30-Jan-2025) Ratnaveer Precision Engineering Net up 22% on higher sales
Other income up 628.57% to Rs 0.51 crore. PBIDT fell 9.40% to Rs 27.84 crore. Provision for interest fell 98.15% to Rs 0.01 crore.
PBDT fell 7.82% to Rs 27.83 crore. Provision for depreciation ...
(30-Jan-2025)
NP up 22.56%
Sales up 24.67% and NP increased 45.72%
NP decreased 82.32%
Net up 22% on higher sales
Results-Analysis (01-Feb-2024)
Analyst Meet / AGM-Conference Call (01-Feb-2024)
Expect recovery from current slow-down in Q3 FY25
Analyst Meet / AGM-Conference Call (03-Nov-2023)
Revenue fell, however margins improved supported by higher exports, power savings and lower input costs
Results-Analysis (02-Nov-2023)
Sales down 16.14%, but PAT up 5.87% on improved margin