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Southern Magnesium reports Profit after tax of Rs 13.26 Mln, in the June 2022 quarter

03 Aug 2022 Evaluate
The Total revenue for the quarter ended June 2022 of  Rs. 29.26 millions grew by 340.00% from Rs. 6.65 millions.The Total revenue for the quarter ended June 2022 of  Rs. 13.26  millions  grew by 755.48% from Rs. 1.55 millions.Operating profit surged to 18.11 millions from the corresponding previous quarter of 2.40 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 29.26 6.65 340.00 29.26 6.65 340.00 23.38 20.12 16.20
Other Income 0.06 0.06 0.00 0.06 0.06 0.00 0.40 0.26 53.85
PBIDT 18.11 2.40 654.58 18.11 2.40 654.58 6.61 0.67 886.57
Interest 0.10 0.20 -50.00 0.10 0.20 -50.00 0.60 0.88 -31.82
PBDT 18.01 2.20 718.64 18.01 2.20 718.64 6.01 -0.21 -2961.90
Depreciation 0.12 0.24 -50.00 0.12 0.24 -50.00 0.96 0.97 -1.03
PBT 17.89 1.96 812.76 17.89 1.96 812.76 5.05 -1.18 -527.97
TAX 4.63 0.41 1029.27 4.63 0.41 1029.27 1.05 -0.24 -537.50
Deferred Tax 0.81 0.41 97.56 0.81 0.41 97.56 0.38 -0.24 -258.33
PAT 13.26 1.55 755.48 13.26 1.55 755.48 4.00 -0.94 -525.53
Equity 30.00 30.00 0.00 30.00 30.00 0.00 30.00 30.00 0.00
PBIDTM(%) 61.89 36.09 71.50 61.89 36.09 71.50 28.27 3.33 749.01
Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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