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Maharashtra Scooters reports Profit after tax of Rs 8.20 Mln, in the March 2023 quarter

24 Apr 2023 Evaluate
The sales is pegged at Rs. 92.40 millions for the March 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 103.70 millions during the year-ago period.The Net Profit of the company slipped to Rs. 8.20 millions from Rs. 15.70 millions, a decline of -47.77% on QoQ basis.Operating Profit reported a sharp decline to 18.10 millions from 27.20 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202203 202103 % Var
Sales 92.40 103.70 -10.90 2121.50 1901.10 11.59 171.90 152.80 12.50
Other Income 0.60 0.40 50.00 56.00 43.50 28.74 1772.70 154.30 1048.87
PBIDT 18.10 27.20 -33.46 1951.00 1742.10 11.99 1742.10 109.70 1488.06
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 18.10 27.20 -33.46 1951.00 1742.10 11.99 1742.10 109.70 1488.06
Depreciation 5.30 4.90 8.16 20.20 19.70 2.54 19.70 19.30 2.07
PBT 12.80 22.30 -42.60 1930.80 1722.40 12.10 1722.40 90.40 1805.31
TAX 4.60 6.60 -30.30 -22.10 295.30 -107.48 295.30 2.30 12739.13
Deferred Tax -0.40 0.90 -144.44 0.60 -1.10 -154.55 -1.10 -4.30 -74.42
PAT 8.20 15.70 -47.77 1952.90 1427.10 36.84 1427.10 88.10 1519.86
Equity 114.30 114.30 0.00 114.30 114.30 0.00 114.30 114.30 0.00
PBIDTM(%) 19.59 26.23 -25.32 91.96 91.64 0.36 1013.44 71.79 1311.61
Peers
Company Name CMP
Bajaj Finserv 1849.85
TVS Holdings 12817.00
Cholamandalam Fin. 1508.45
Altius Telecom Infra 175.50
Kama Holdings 2250.30
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