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Kintech Renewables reports Profit after tax of Rs -1.28 Mln, in the March 2023 quarter

17 Apr 2023 Evaluate
A minor change in the total revenue was seen in the March 2023 quarter. The total revenue for the quarter stood at Rs. 0.00 millions against Rs. 0.00 millions during year ago period.The Net Loss for the quarter ended March 2023 is Rs. -1.28 millions as compared to Net Profit of Rs. 2.07 millions of corresponding quarter ended March 2022Operating profit Margin for the quarter ended March 2023 slipped to -1.75% as compared to 2.81% of corresponding quarter ended March 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 0.00 0.00 0.00 15.59 0.37 4113.51 15.59 0.37 4113.51
Other Income 3.28 3.29 -0.30 10.25 5.79 77.03 10.25 5.79 77.03
PBIDT -1.75 2.81 -162.28 2.66 4.13 -35.59 2.66 4.13 -35.59
Interest 0.00 0.00 0.00 0.00 0.04 0.00 0.00 0.04 0.00
PBDT -1.75 2.81 -162.28 2.66 4.09 -34.96 2.66 4.09 -34.96
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT -1.75 2.81 -162.28 2.66 4.09 -34.96 2.66 4.09 -34.96
TAX -0.47 0.74 -163.51 0.70 1.08 -35.19 0.70 1.08 -35.19
Deferred Tax -0.23 0.60 -138.33 -0.60 0.60 -200.00 -0.60 0.60 -200.00
PAT -1.28 2.07 -161.84 1.96 3.01 -34.88 1.96 3.01 -34.88
Equity 10.00 10.00 0.00 10.00 10.00 0.00 10.00 10.00 0.00
PBIDTM(%) 0.00 0.00 0.00 17.06 1116.22 -98.47 17.06 1116.22 -98.47
Peers
Company Name CMP
Redington 392.20
Amrapali Industries 37.05
Adani Enterprises 3100.00
Rashi Peripheral 805.00
PDS 348.90
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