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MSP Steel & Power FY08 PAT at Rs 46.6 cr

Published on Fri, Jul 04, 2008 at 09:46 , Updated at Mon, Jul 07, 2008 at 15:23
Source : CNBC-TV18

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MSP Steel & Power has announced it's FY08 results. The net sales was at Rs 360.7 crore versus Rs 210.5 crore. It's other income was at Rs 14.8 crore versus Rs 13.3 crore.

Company's operating profit was at Rs 67.2 crore versus Rs 34.9 crore. It's net profit was at Rs 46.6 crore versus Rs 20.2 crore.

Particulars Mar-08 Dec-07 Sep-07 Jun-07
Net Sales / Interest Earned / Operating Income 122.451 100.181 76.418 63.248
Other Income 12.73 0.017 1.996 0.022
Total Income 135.181 100.199 78.414 63.27
Expenditure -101.867 -82.728 -62.216 -48.301
Operating Profit 33.314 17.471 16.198 14.969
Interest -3.939 -3.307 -3.488 -3.42
Profit Before Depreciation and Tax 29.375 14.164 12.71 11.549
Depreciation 4.522 -3.954 -4.383 -3.526
Profit before Tax 33.898 10.209 8.327 8.023
Tax -10.729 -1.176 -0.97 -0.921
Net Profit 23.169 9.034 7.358 7.102
Equity Capital 58.1 58.1 58.1 58.1

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Buy around 25 levels

yup right time to average i have many shares at 50 , 45 levels adn now trying to average... performance wise the st...

in MSP Steel - jagdish_m6 at 08-Oct-08 12:03

Buy around 25 levels

It has got a strong support at around 24-25 levels and can be accumulated at those levels for investment purpose. ...

in MSP Steel - mannish at 07-Oct-08 07:17

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