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Nava Bharat Ventures reports Profit after tax of Rs 1243.41 Mln, in the March 2022 quarter

16 May 2022 Evaluate
The company witnessed a 22.53% growth in the revenue at Rs. 4638.40 millions for the quarter ended March 2022 as compared to Rs. 3785.48 millions during the year-ago period.Net profit for the quarter ended March 2022 increased significantly by 86.52% to Rs. 1243.41 millions from Rs. 666.63 millions.The company reported a good operating profit of 1920.77 millions compared to 1125.68 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 4638.40 3785.48 22.53 16784.65 10269.93 63.43 16784.65 10269.93 63.43
Other Income 385.38 99.85 285.96 778.90 402.21 93.66 778.90 402.21 93.66
PBIDT 1920.77 1125.68 70.63 6401.50 2868.62 123.16 6401.50 2868.62 123.16
Interest 32.17 25.98 23.83 122.86 136.23 -9.81 122.86 136.23 -9.81
PBDT 1888.60 1090.58 73.17 5966.61 2744.04 117.44 5966.61 2744.04 117.44
Depreciation 84.54 79.38 6.50 327.53 321.98 1.72 327.53 321.98 1.72
PBT 1804.06 1011.20 78.41 5639.08 2422.06 132.82 5639.08 2422.06 132.82
TAX 560.65 344.57 62.71 1894.48 838.23 126.01 1894.48 838.23 126.01
Deferred Tax -53.12 3.63 -1563.36 -22.72 -26.10 -12.95 -22.72 -26.10 -12.95
PAT 1243.41 666.63 86.52 3744.60 1583.83 136.43 3744.60 1583.83 136.43
Equity 290.33 295.97 -1.91 290.33 295.97 -1.91 290.33 295.97 -1.91
PBIDTM(%) 41.41 29.74 39.26 38.14 27.93 36.54 38.14 27.93 36.54
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