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Bhagwati Autocast reports Profit after tax of Rs 2.37 Mln, in the March 2022 quarter

23 May 2022 Evaluate
The sales slipped to Rs. 233.02 millions, down -30.13% for the March 2022 quarter as against Rs. 333.52 millions during the year-ago period.The company suffered a huge decline of -79.37% to Rs. 2.37  millions from Rs. 11.49 millions  of corresponding previous quarter.Operating profit for the quarter ended March 2022 decreased to 9.14 millions as compared to 23.43 millions of corresponding quarter ended March 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 233.02 333.52 -30.13 1121.72 1043.80 7.47 1121.72 1043.80 7.47
Other Income 0.23 0.02 1050.00 0.94 0.45 108.89 0.94 0.45 108.89
PBIDT 9.14 23.43 -60.99 16.34 51.57 -68.31 16.34 51.57 -68.31
Interest 0.00 1.46 -100.00 5.99 4.47 34.00 5.99 4.47 34.00
PBDT 9.14 21.97 -58.40 10.35 47.10 -78.03 10.35 47.10 -78.03
Depreciation 5.96 6.03 -1.16 23.71 23.27 1.89 23.71 23.27 1.89
PBT 3.18 15.94 -80.05 -13.36 23.83 -156.06 -13.36 23.83 -156.06
TAX 0.81 4.45 -81.80 -3.79 6.66 -156.91 -3.79 6.66 -156.91
Deferred Tax 1.34 0.06 2133.33 -3.26 -0.99 229.29 -3.26 -0.99 229.29
PAT 2.37 11.49 -79.37 -9.57 17.17 -155.74 -9.57 17.17 -155.74
Equity 28.81 28.81 0.00 28.81 28.81 0.00 28.81 28.81 0.00
PBIDTM(%) 3.92 7.03 -44.17 1.46 4.94 -70.52 1.46 4.94 -70.52
Peers
Company Name CMP
AIA Engineering 3901.45
Alicon Castalloy 700.55
Nelcast 105.55
PTC Industries 22514.30
Synergy Green Inds. 588.10
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