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Menon Bearings reports Profit after tax of Rs 87.71 Mln, in the June 2022 quarter

20 Jul 2022 Evaluate
The sales surged to Rs. 619.97 millions, up 34.15% for the June 2022 quarter as against Rs. 462.13 millions during the corresponding quarter previous year.An average growth of 33.52% was recorded for the quarter ended June 2022 to Rs. 87.71  millions from Rs. 65.69 millions.Operating Profit saw a handsome growth to 142.70 millions from 110.91 millions in the quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 619.97 462.13 34.15 619.97 462.13 34.15 1953.96 1478.67 32.14
Other Income 9.76 8.26 18.16 9.76 8.26 18.16 26.09 30.34 -14.01
PBIDT 142.70 110.91 28.66 142.70 110.91 28.66 426.89 359.26 18.82
Interest 6.19 7.44 -16.80 6.19 7.44 -16.80 25.91 35.71 -27.44
PBDT 136.51 103.47 31.93 136.51 103.47 31.93 400.98 323.55 23.93
Depreciation 19.62 18.89 3.86 19.62 18.89 3.86 77.46 74.84 3.50
PBT 116.89 84.58 38.20 116.89 84.58 38.20 323.52 248.71 30.08
TAX 29.18 18.89 54.47 29.18 18.89 54.47 78.19 60.72 28.77
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.32 4.22 -107.58
PAT 87.71 65.69 33.52 87.71 65.69 33.52 245.33 187.99 30.50
Equity 56.04 56.04 0.00 56.04 56.04 0.00 56.04 56.04 0.00
PBIDTM(%) 23.02 24.00 -4.09 23.02 24.00 -4.09 21.85 24.30 -10.08
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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