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Aakash Exploration reports Profit after tax of Rs 19.12 Mln, in the March 2022 quarter

30 Apr 2022 Evaluate
The company witnessed a 20.15% growth in the revenue at Rs. 213.67 millions for the quarter ended March 2022 as compared to Rs. 177.83 millions during the year-ago period.The Company's Net profit for the March 2022 quarter have declined marginally to Rs. 19.12  millions as against Rs. 20.79 millions reported during the corresponding quarter ended.The company reported a good operating profit of 45.00 millions compared to 44.74 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 213.67 177.83 20.15 768.77 597.73 28.61 768.77 597.73 28.61
Other Income 1.41 3.03 -53.47 5.12 5.88 -12.93 5.12 5.88 -12.93
PBIDT 45.00 44.74 0.58 158.34 133.37 18.72 158.34 133.37 18.72
Interest 2.79 2.30 21.30 13.68 18.60 -26.45 13.68 18.60 -26.45
PBDT 42.21 42.44 -0.54 144.66 114.77 26.04 144.66 114.77 26.04
Depreciation 16.14 15.37 5.01 62.58 59.27 5.58 62.58 59.27 5.58
PBT 26.07 27.07 -3.69 82.08 55.50 47.89 82.08 55.50 47.89
TAX 6.95 6.28 10.67 20.87 14.14 47.60 20.87 14.14 47.60
Deferred Tax 0.70 0.51 37.25 2.97 2.61 13.79 2.97 2.61 13.79
PAT 19.12 20.79 -8.03 61.21 41.36 47.99 61.21 41.36 47.99
Equity 101.25 101.25 0.00 101.25 101.25 0.00 101.25 101.25 0.00
PBIDTM(%) 21.06 25.16 -16.29 20.60 22.31 -7.69 20.60 22.31 -7.69
Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
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