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Eco Recycling reports Profit after tax of Rs 34.40 Mln, in the December 2021 quarter

24 Jan 2022 Evaluate
The sales is pegged at Rs. 27.50 millions for the December 2021 quarter. The mentioned figure indicates a decline of about -49.45% as against Rs. 54.40 millions during the year-ago period.A slim rise of 13.53% was recorded in the Net profit for the quarter ended December 2021 to Rs. 34.40  millions  From Rs. 30.30 millions.The company reported a good operating profit of 35.60 millions compared to 32.10 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 27.50 54.40 -49.45 101.30 84.10 20.45 126.70 121.90 3.94
Other Income 46.70 13.10 256.49 106.50 46.40 129.53 58.10 10.10 475.25
PBIDT 35.60 32.10 10.90 118.70 56.30 110.83 63.60 24.90 155.42
Interest 0.00 0.60 0.00 0.10 3.80 -97.37 4.20 8.00 -47.50
PBDT 35.60 31.50 13.02 118.60 52.50 125.90 59.40 16.90 251.48
Depreciation 1.20 1.20 0.00 3.60 3.50 2.86 4.70 4.60 2.17
PBT 34.40 30.30 13.53 115.00 49.00 134.69 54.70 12.30 344.72
TAX 0.00 0.00 0.00 0.00 0.00 0.00 10.90 1.10 890.91
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 2.00 -0.70 -385.71
PAT 34.40 30.30 13.53 115.00 49.00 134.69 43.80 11.20 291.07
Equity 192.97 192.97 0.00 193.00 193.00 0.00 192.97 192.97 0.00
PBIDTM(%) 129.45 59.01 119.39 117.18 66.94 75.04 50.20 20.43 145.74
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