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Foseco India reports Profit after tax of Rs 122.58 Mln, in the December 2022 quarter

27 Feb 2023 Evaluate
The company witnessed a 20.86% growth in the revenue at Rs. 1057.07 millions for the quarter ended December 2022 as compared to Rs. 874.62 millions during the year-ago period.Profit after tax for the quarter ended December 2022 reported a huge growth of 51.05% to Rs. 122.58  millions from Rs. 81.15 millions.The company reported a good operating profit of 199.99 millions compared to 125.03 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202112 202012 % Var
Sales 1057.07 874.62 20.86 4067.35 3380.12 20.33 3380.11 2511.51 34.58
Other Income 19.42 8.18 137.41 74.89 56.39 32.81 56.13 62.09 -9.60
PBIDT 199.99 125.03 59.95 702.32 492.06 42.73 492.05 270.00 82.24
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00
PBDT 199.99 125.03 59.95 702.32 492.06 42.73 492.05 269.99 82.25
Depreciation 37.43 15.99 134.08 89.01 58.82 51.33 58.82 59.11 -0.49
PBT 162.56 109.04 49.08 613.31 433.24 41.56 433.23 210.88 105.44
TAX 39.98 27.89 43.35 153.62 106.52 44.22 106.52 56.52 88.46
Deferred Tax -4.11 -1.31 213.74 -7.10 1.72 -512.79 1.72 -4.61 -137.31
PAT 122.58 81.15 51.05 459.69 326.72 40.70 326.71 154.36 111.65
Equity 63.87 63.87 0.00 63.87 63.87 0.00 63.87 63.87 0.00
PBIDTM(%) 18.92 14.30 32.35 17.27 14.56 18.61 14.56 10.75 35.41
Peers
Company Name CMP
Godrej Industries 1105.95
SRF 2500.10
BASF India 3524.05
Pidilite Inds. 1499.15
Tata Chemicals 645.00
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