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ATV Projects India reports Profit after tax of Rs 17.67 Mln, in the March 2023 quarter

10 May 2023 Evaluate
The sales surged to Rs. 136.38 millions, up 41.59% for the March 2023 quarter as against Rs. 96.32 millions during the corresponding quarter previous year.Good  Net Profit growth of 38.70% reported above the corresponding previous quarter figure of Rs. 12.74 millions to Rs. 17.67 millioins.The company reported a good operating profit of 23.21 millions compared to 5.28 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 136.38 96.32 41.59 478.01 325.00 47.08 478.01 325.00 47.08
Other Income 0.16 2.00 -92.00 14.54 6.28 131.53 14.54 6.28 131.53
PBIDT 23.21 5.28 339.58 63.14 36.43 73.32 63.14 36.43 73.32
Interest 0.03 0.06 -50.00 0.11 0.09 22.22 0.11 0.09 22.22
PBDT 23.18 5.22 344.06 63.03 78.76 -19.97 63.03 78.76 -19.97
Depreciation 6.15 2.19 180.82 13.09 9.11 43.69 13.09 9.11 43.69
PBT 17.03 3.03 462.05 49.94 69.65 -28.30 49.94 69.65 -28.30
TAX -0.64 -9.71 -93.41 -0.80 -10.32 -92.25 -0.80 -10.32 -92.25
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 17.67 12.74 38.70 50.74 79.97 -36.55 50.74 79.97 -36.55
Equity 525.56 525.56 0.00 525.56 525.56 0.00 525.56 525.56 0.00
PBIDTM(%) 17.02 5.48 210.46 13.21 11.21 17.84 13.21 11.21 17.84
Peers
Company Name CMP
Bharat Heavy Elect. 419.00
Zetwerk Manufactur 165.00
Thermax 2743.85
Kirloskar Industries 3408.50
Skipper 517.80
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