Visa Steel - Quarterly Results
11th Feb 2023
The sales slipped to Rs. 1525.70 millions for the December 2022 quarter as against Rs. 2097.10 millions during the year-ago period.The Net Loss for the quarter ended December 2022 is Rs. -4171.56 millions as compared to Net Loss of Rs. -125.60 millions of corresponding quarter ended December 2021Operating profit for the quarter ended December 2022 decreased to 1.08 millions as compared to 53.18 millions of corresponding quarter ended December 2021.
| | Quarter ended | Year to Date | Year ended |
| | 202212 | 202112 | % Var | 202212 | 202112 | % Var | 202203 | 202103 | % Var |
| Sales | 1525.70 | 2097.10 | -27.25 | 4652.01 | 5623.51 | -17.28 | 7920.03 | 6111.19 | 29.60 |
| Other Income | 2.34 | 2.17 | 7.83 | 7.50 | 12.04 | -37.71 | 12.32 | 5.23 | 135.56 |
| PBIDT | 1.08 | 53.18 | -97.97 | 104.25 | 76.06 | 37.06 | 176.64 | -90.08 | -296.09 |
| Interest | 68.89 | 62.08 | 10.97 | 204.44 | 177.25 | 15.34 | 239.72 | 196.06 | 22.27 |
| PBDT | -4051.45 | -8.90 | 45421.91 | -4083.83 | -101.19 | 3935.80 | -63.08 | -2437.31 | -97.41 |
| Depreciation | 120.11 | 116.70 | 2.92 | 349.99 | 348.62 | 0.39 | 462.62 | 465.16 | -0.55 |
| PBT | -4171.56 | -125.60 | 3221.31 | -4433.82 | -449.81 | 885.71 | -525.70 | -2902.47 | -81.89 |
| TAX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Deferred Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PAT | -4171.56 | -125.60 | 3221.31 | -4433.82 | -449.81 | 885.71 | -525.70 | -2902.47 | -81.89 |
| Equity | 1157.90 | 1157.90 | 0.00 | 1157.90 | 1157.90 | 0.00 | 1157.90 | 1157.90 | 0.00 |
| PBIDTM(%) | 0.07 | 2.54 | -97.21 | 2.24 | 1.35 | 65.69 | 2.23 | -1.47 | -251.31 |