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Choice International reports Profit after tax of Rs 4.56 Mln, in the September 2022 quarter

17 Oct 2022 Evaluate
The sales declined to Rs. 29.68 millions for the September 2022 quarter as compared to Rs. 36.05 millions during the corresponding quarter last year.Net profit of the cmpany stood at Rs. 4.56 millions for the quarter ended September 2022 a decline of -56.70% from Rs. 10.53 millions  in the same quarter last year.The company reported a degrowth in operating Profit to 15.56 millions from 26.73 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 29.68 36.05 -17.67 58.70 64.43 -8.89 112.76 83.58 34.91
Other Income 0.14 0.01 1300.00 0.15 0.04 275.00 0.06 3.09 -98.06
PBIDT 15.56 26.73 -41.79 31.57 46.11 -31.53 73.68 59.13 24.61
Interest 7.91 7.92 -0.13 15.24 14.62 4.24 31.35 19.21 63.20
PBDT 7.65 18.81 -59.33 16.33 31.49 -48.14 42.33 39.92 6.04
Depreciation 1.30 1.76 -26.14 2.64 3.51 -24.79 6.30 7.14 -11.76
PBT 6.35 17.05 -62.76 13.69 27.98 -51.07 36.03 32.78 9.91
TAX 1.79 6.52 -72.55 3.78 9.54 -60.38 11.67 9.76 19.57
Deferred Tax 0.15 0.21 -28.57 0.28 0.40 -30.00 0.68 1.53 -55.56
PAT 4.56 10.53 -56.70 9.91 18.44 -46.26 24.36 23.02 5.82
Equity 995.12 398.05 150.00 995.12 398.05 150.00 497.56 285.68 74.17
PBIDTM(%) 52.43 74.15 -29.29 53.78 71.57 -24.85 65.34 70.75 -7.64
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