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Swaraj Engines reports Profit after tax of Rs 349.60 Mln, in the March 2023 quarter

27 Apr 2023 Evaluate
The Sales for the quarter ended March 2023 of Rs. 3597.90 millions rose by 48.46% from Rs. 2423.50 millions.Profit for the quarter ended March 2023 rises by 59.93% to Rs. 349.60  millions from Rs. 218.60 millions.Operating profit surged to 516.80 millions from the corresponding previous quarter of 333.90 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 3597.90 2423.50 48.46 14218.20 11381.50 24.92 14218.20 11381.50 24.92
Other Income 37.00 22.90 61.57 119.50 96.60 23.71 119.50 96.60 23.71
PBIDT 516.80 333.90 54.78 1983.60 1650.40 20.19 1983.60 1650.40 20.19
Interest 0.40 0.10 300.00 0.80 0.80 0.00 0.80 0.80 0.00
PBDT 516.40 333.80 54.70 1982.80 1649.60 20.20 1982.80 1649.60 20.20
Depreciation 45.60 42.00 8.57 185.40 181.00 2.43 185.40 181.00 2.43
PBT 470.80 291.80 61.34 1797.40 1468.60 22.39 1797.40 1468.60 22.39
TAX 121.20 73.20 65.57 461.30 373.90 23.38 461.30 373.90 23.38
Deferred Tax -2.80 4.90 -157.14 -13.70 -5.00 174.00 -13.70 -5.00 174.00
PAT 349.60 218.60 59.93 1336.10 1094.70 22.05 1336.10 1094.70 22.05
Equity 121.50 121.40 0.08 121.50 121.40 0.08 121.50 121.40 0.08
PBIDTM(%) 14.36 13.78 4.26 13.95 14.50 -3.79 13.95 14.50 -3.79
Peers
Company Name CMP
Cummins India 4985.00
Kirloskar Oil Engine 2214.20
Greaves Cotton 220.00
Swaraj Engines 3547.50
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