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IG Petrochem. reports Profit after tax of Rs 813.09 Mln, in the June 2022 quarter

05 Aug 2022 Evaluate
The turnover zoomed to Rs. 6599.29 millions, up 70.31% for the June 2022 quarter as against Rs. 3874.78 millions during the year-ago period.Profit after tax for the quarter ended June 2022 reported a huge growth of 55.68% to Rs. 813.09  millions from Rs. 522.29 millions.OP of the company witnessed a marginal growth to 1242.28 millions from 856.17 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 6599.29 3874.78 70.31 6599.29 3874.78 70.31 18827.65 11236.19 67.56
Other Income 44.46 18.53 139.94 44.46 18.53 139.94 91.42 47.36 93.03
PBIDT 1242.28 856.17 45.10 1242.28 856.17 45.10 4157.45 3033.30 37.06
Interest 36.31 45.34 -19.92 36.31 45.34 -19.92 128.81 145.57 -11.51
PBDT 1205.97 810.83 48.73 1205.97 810.83 48.73 4028.64 2881.57 39.81
Depreciation 119.07 113.03 5.34 119.07 113.03 5.34 443.49 341.04 30.04
PBT 1086.90 697.80 55.76 1086.90 697.80 55.76 3585.15 2540.53 41.12
TAX 273.81 175.51 56.01 273.81 175.51 56.01 917.97 645.38 42.24
Deferred Tax 15.44 17.35 -11.01 15.44 17.35 -11.01 81.99 67.33 21.77
PAT 813.09 522.29 55.68 813.09 522.29 55.68 2667.18 1895.15 40.74
Equity 307.98 307.98 0.00 307.98 307.98 0.00 307.98 307.98 0.00
PBIDTM(%) 18.82 22.10 -14.81 18.82 22.10 -14.81 22.08 27.00 -18.20
Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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