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Andhra Petrochem reports Profit after tax of Rs 60.24 Mln, in the March 2023 quarter

20 May 2023 Evaluate
The sales for the March 2023 quarter moved down -31.66% to Rs. 1624.36 millions as compared to Rs. 2376.98 millions during the year ago period.The Company to register a -72.87%  fall in the net profit for the quarter ended March 2023.Operating Profit reported a sharp decline to 145.90 millions from 347.52 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1624.36 2376.98 -31.66 6829.82 9653.80 -29.25 6829.82 9653.80 -29.25
Other Income 59.42 47.10 26.16 186.80 145.12 28.72 186.80 145.12 28.72
PBIDT 145.90 347.52 -58.02 532.98 3238.30 -83.54 532.98 3238.30 -83.54
Interest 21.71 21.50 0.98 86.36 86.05 0.36 86.36 86.05 0.36
PBDT 124.19 326.02 -61.91 446.62 3152.25 -85.83 446.62 3152.25 -85.83
Depreciation 40.22 35.60 12.98 153.87 141.44 8.79 153.87 141.44 8.79
PBT 83.97 290.42 -71.09 292.75 3010.81 -90.28 292.75 3010.81 -90.28
TAX 23.73 68.37 -65.29 88.66 743.46 -88.07 88.66 743.46 -88.07
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 60.24 222.05 -72.87 204.09 2267.35 -91.00 204.09 2267.35 -91.00
Equity 849.72 849.72 0.00 849.72 849.72 0.00 849.72 849.72 0.00
PBIDTM(%) 8.98 14.62 -38.56 7.80 33.54 -76.74 7.80 33.54 -76.74
Peers
Company Name CMP
Godrej Industries 970.35
SRF 2507.00
BASF India 2957.55
Pidilite Inds. 1565.20
Tata Chemicals 607.85
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