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TVS Srichakra reports Profit after tax of Rs 341.10 Mln, in the March 2021 quarter

25 May 2021 Evaluate
The sales figure stood at Rs. 5810.40 millions for the March 2021 quarter. The mentioned figure indicates a growth of about 39.29% as compared to Rs. 4171.40 millions during the year-ago period.A good growth in profit of 39.17% reported to Rs. 341.10  millions over Rs. 245.10 millions of corresponding previous quarter.Operating profit for the quarter ended March 2021 rose to 803.10 millions as compared to 367.70 millions of corresponding quarter ended March 2020.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202103 202003 % Var
Sales 5810.40 4171.40 39.29 18758.30 20522.40 -8.60 18758.30 20522.40 -8.60
Other Income 29.70 39.90 -25.56 53.10 94.80 -43.99 53.10 94.80 -43.99
PBIDT 803.10 367.70 118.41 2288.30 2233.60 2.45 2288.30 2233.60 2.45
Interest 59.50 86.40 -31.13 310.00 359.30 -13.72 310.00 359.30 -13.72
PBDT 743.60 281.30 164.34 1976.00 1874.30 5.43 1976.00 1874.30 5.43
Depreciation 295.50 304.50 -2.96 1011.40 976.60 3.56 1011.40 976.60 3.56
PBT 448.10 -23.20 -2031.47 964.60 897.70 7.45 964.60 897.70 7.45
TAX 107.00 -268.30 -139.88 237.00 53.50 342.99 237.00 53.50 342.99
Deferred Tax -81.40 -251.60 -67.65 -65.90 -224.00 -70.58 -65.90 -224.00 -70.58
PAT 341.10 245.10 39.17 727.60 844.20 -13.81 727.60 844.20 -13.81
Equity 76.60 76.60 0.00 76.60 76.60 0.00 76.60 76.60 0.00
PBIDTM(%) 13.82 8.81 56.80 12.20 10.88 12.08 12.20 10.88 12.08
Peers
Company Name CMP
MRF 123227.50
Apollo Tyres 412.50
JK Tyres & Inds. 335.00
Ceat 3238.85
Balkrishna Inds. 2124.60
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