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Rain Industries reports Profit after tax of Rs 0.60 Mln, in the December 2022 quarter

27 Feb 2023 Evaluate
A decrease in the sales to Rs. 190.78 millions was observed for the quarter ended December 2022. The sales stood at Rs. 233.12 millions during the similar quarter previous year.A radical decline of -99.81% was reported in the net profit of the company for the quarter ended December 2022 to Rs. 0.60  millions from Rs. 322.76 millions.Operating Profit reported a sharp decline to 29.95 millions from 418.14 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202212 202112 % Var
Sales 190.78 233.12 -18.16 540.74 535.47 0.98 540.74 535.47 0.98
Other Income 42.70 427.18 -90.00 502.98 501.42 0.31 502.98 501.42 0.31
PBIDT 29.95 418.14 -92.84 410.76 478.00 -14.07 410.76 478.00 -14.07
Interest 28.83 14.56 98.01 80.16 80.95 -0.98 80.16 80.95 -0.98
PBDT 1.12 403.58 -99.72 330.60 397.05 -16.74 330.60 397.05 -16.74
Depreciation 1.68 1.49 12.75 6.73 6.23 8.03 6.73 6.23 8.03
PBT -0.56 402.09 -100.14 323.87 390.82 -17.13 323.87 390.82 -17.13
TAX -1.16 79.33 -101.46 46.40 79.18 -41.40 46.40 79.18 -41.40
Deferred Tax -0.05 6.06 -100.83 -0.98 6.06 -116.17 -0.98 6.06 -116.17
PAT 0.60 322.76 -99.81 277.47 311.64 -10.96 277.47 311.64 -10.96
Equity 672.69 672.69 0.00 672.69 672.69 0.00 672.69 672.69 0.00
PBIDTM(%) 15.70 179.37 -91.25 75.96 89.27 -14.90 75.96 89.27 -14.90
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