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DIC India reports Profit after tax of Rs 9.07 Mln, in the March 2023 quarter

11 May 2023 Evaluate
Revenue reduced marginally to stand at Rs. 1993.62 millions during the quarter ended March 2023. The figure stood at Rs. 2005.17 millions during the year-ago period.The Net Profit of the company slipped to Rs. 9.07 millions from Rs. 22.91 millions, a decline of -60.41% on QoQ basis.The company reported a degrowth in operating Profit to 60.82 millions from 67.31 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202212 202112 % Var
Sales 1993.62 2005.17 -0.58 1993.62 2005.17 -0.58 8719.90 7448.30 17.07
Other Income 31.58 20.22 56.18 31.58 20.22 56.18 79.64 95.26 -16.40
PBIDT 60.82 67.31 -9.64 60.82 67.31 -9.64 284.35 324.31 -12.32
Interest 11.71 4.19 179.47 11.71 4.19 179.47 36.93 13.65 170.55
PBDT 49.11 63.12 -22.20 49.11 63.12 -22.20 577.42 310.66 85.87
Depreciation 36.35 32.03 13.49 36.35 32.03 13.49 134.28 143.04 -6.12
PBT 12.76 31.09 -58.96 12.76 31.09 -58.96 443.14 167.62 164.37
TAX 3.69 8.18 -54.89 3.69 8.18 -54.89 33.29 43.73 -23.87
Deferred Tax 10.31 -2.01 -612.94 10.31 -2.01 -612.94 -4.24 2.98 -242.28
PAT 9.07 22.91 -60.41 9.07 22.91 -60.41 409.85 123.89 230.82
Equity 91.79 91.79 0.00 91.79 91.79 0.00 91.79 91.79 0.00
PBIDTM(%) 3.05 3.36 -9.12 3.05 3.36 -9.12 3.26 4.35 -25.11
Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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