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Indokem reports Profit after tax of Rs 15.60 Mln, in the December 2021 quarter

14 Jan 2022 Evaluate
A decent increase of about 53.71% in the turnover to Rs. 341.70 millions was observed for the quarter ended December 2021. The turnover stood at Rs. 222.30 millions during the similar quarter previous year.A humble growth in net profit of 14.71% reported in the quarter ended December 2021 to Rs. 15.60  millions from Rs. 13.60 millions.The company reported a good operating profit of 22.00 millions compared to 19.30 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202103 202003 % Var
Sales 341.70 222.30 53.71 827.50 516.50 60.21 792.40 896.10 -11.57
Other Income 0.40 0.30 33.33 4.00 0.40 900.00 2.30 9.40 -75.53
PBIDT 22.00 19.30 13.99 40.40 38.80 4.12 53.70 29.40 82.65
Interest 3.50 2.80 25.00 9.40 9.30 1.08 12.30 13.10 -6.11
PBDT 18.50 16.50 12.12 31.00 29.50 5.08 41.40 16.30 153.99
Depreciation 2.90 2.90 0.00 8.60 8.70 -1.15 11.50 11.20 2.68
PBT 15.60 13.60 14.71 22.40 20.80 7.69 29.90 5.10 486.27
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.30 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 15.60 13.60 14.71 22.40 20.80 7.69 29.60 5.10 480.39
Equity 243.30 243.30 0.00 243.30 243.30 0.00 243.30 243.30 0.00
PBIDTM(%) 6.44 8.68 -25.84 4.88 7.51 -35.01 6.78 3.28 106.56
Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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