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Eco Recycling reports Profit after tax of Rs 37.10 Mln, in the December 2022 quarter

12 Jan 2023 Evaluate
The sales surged to Rs. 35.60 millions, up 29.45% for the December 2022 quarter as against Rs. 27.50 millions during the corresponding quarter previous year.A humble growth in net profit of 7.85% reported in the quarter ended December 2022 to Rs. 37.10  millions from Rs. 34.40 millions.Operating profit surged to 39.80 millions from the corresponding previous quarter of 35.60 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 35.60 27.50 29.45 126.90 101.30 25.27 151.00 126.70 19.18
Other Income 24.00 46.70 -48.61 39.40 106.50 -63.00 118.40 58.10 103.79
PBIDT 39.80 35.60 11.80 107.20 118.60 -9.61 144.80 63.60 127.67
Interest 0.30 0.00 0.00 1.10 0.00 0.00 0.00 4.20 -100.00
PBDT 39.50 35.60 10.96 106.10 118.60 -10.54 144.80 59.40 143.77
Depreciation 2.40 1.20 100.00 7.30 3.60 102.78 4.70 4.70 0.00
PBT 37.10 34.40 7.85 98.80 115.00 -14.09 140.10 54.70 156.12
TAX 0.00 0.00 0.00 0.00 0.00 0.00 15.20 10.90 39.45
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.40 2.10 -80.95
PAT 37.10 34.40 7.85 98.80 115.00 -14.09 124.90 43.80 185.16
Equity 192.97 192.97 0.00 193.00 192.97 0.02 192.97 192.97 0.00
PBIDTM(%) 111.80 129.45 -13.64 84.48 117.08 -27.85 95.89 50.20 91.03
Peers
Company Name CMP
VA Tech Wabag 2033.65
ION Exchage 418.70
Refex Industries 283.20
Antony WasteHandling 380.80
Race Eco Chain 115.35
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