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Aisha Steels: First Quarter Standalone Financials

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Mn Rs 1QFY18 1QFY17 YoY

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Sales 4,239 2,547 66%

Cost of Sales 3,493 2,225 57%

Gross Profit 746 322 132%

Administrative 45 35 26%

Distribution 4 7 -36%

Other operating expenses 35 -

Finance cost 211.10 226.51 -7%

Other income 9 2 289%

Profit before tax 459 56 725%

Net profit for the period 309 85 262%

Earnings per share (Rs) 0.37 0.11 236%

GP margin 18% 13% 39%

NP margin 7% 3% 118%

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Source: Company accounts