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India Pesticides reports Profit after tax of Rs 308.20 Mln, in the March 2022 quarter

28 May 2022 Evaluate
A decent increase of about 32.96% in the sales to Rs. 1773.42 millions was observed for the quarter ended March 2022. The sales figure stood at Rs. 1333.83 millions during the year-ago period.A slim rise of 15.21% was recorded in the Net profit for the quarter ended March 2022 to Rs. 308.20  millions  From Rs. 267.50 millions.Operating profit for the quarter ended March 2022 rose to 466.95 millions as compared to 381.95 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 1773.42 1333.83 32.96 7161.43 6489.54 10.35 7161.43 6489.54 10.35
Other Income 41.82 17.68 136.54 131.65 64.23 104.97 131.65 64.23 104.97
PBIDT 466.95 381.95 22.25 2270.19 1895.33 19.78 2270.19 1895.33 19.78
Interest 39.04 7.12 448.31 65.06 34.33 89.51 65.06 34.33 89.51
PBDT 427.91 374.83 14.16 2205.13 1861.00 18.49 2205.13 1861.00 18.49
Depreciation 26.12 15.17 72.18 84.46 61.35 37.67 84.46 61.35 37.67
PBT 401.79 359.66 11.71 2120.67 1799.65 17.84 2120.67 1799.65 17.84
TAX 93.59 92.16 1.55 536.82 454.21 18.19 536.82 454.21 18.19
Deferred Tax -8.86 3.18 -378.62 0.74 8.27 -91.05 0.74 8.27 -91.05
PAT 308.20 267.50 15.21 1583.85 1345.44 17.72 1583.85 1345.44 17.72
Equity 115.16 111.79 3.01 115.16 111.79 3.01 115.16 111.79 3.01
PBIDTM(%) 26.33 28.64 -8.05 31.70 29.21 8.54 31.70 29.21 8.54
Peers
Company Name CMP
UPL 573.85
PI Industries 2359.75
Bayer CropScience 3979.65
Sharda Cropchem 780.95
Sumitomo Chem. India 481.35
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