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Shreenath Invts reports Profit after tax of Rs 8.68 Mln, in the March 2023 quarter

30 May 2023 Evaluate
A slight decline in the revenue of Rs. 0.00 millions was seen for the March 2023 quarter as against Rs. 1.20 millions during year-ago period.The Net Profit of the company reported a remarkable increase of 300.00% to Rs. 8.68  millions  from Rs. 2.17 millions in previous same quarter.Operating profit for the quarter ended March 2023 rose to 11.64 millions as compared to 2.78 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 0.00 1.20 0.00 0.00 1.20 0.00 0.00 1.20 0.00
Other Income 12.26 2.14 472.90 18.74 5.91 217.09 18.74 5.91 217.09
PBIDT 11.64 2.78 318.71 15.99 4.61 246.85 15.99 4.61 246.85
Interest 0.15 0.00 0.00 0.15 0.00 0.00 0.15 0.00 0.00
PBDT 11.49 2.78 313.31 15.84 4.61 243.60 15.84 4.61 243.60
Depreciation 0.01 0.01 0.00 0.03 0.03 0.00 0.03 0.03 0.00
PBT 11.48 2.77 314.44 15.81 4.58 245.20 15.81 4.58 245.20
TAX 2.80 0.60 366.67 5.51 0.65 747.69 5.51 0.65 747.69
Deferred Tax -2.76 0.29 -1051.72 -0.34 0.20 -270.00 -0.34 0.20 -270.00
PAT 8.68 2.17 300.00 10.30 3.93 162.09 10.30 3.93 162.09
Equity 2.50 2.50 0.00 2.50 2.50 0.00 2.50 2.50 0.00
PBIDTM(%) 0.00 231.67 0.00 0.00 384.17 0.00 0.00 384.17 0.00
Peers
Company Name CMP
Bajaj Finserv 1769.00
TVS Holdings 12604.30
Cholamandalam Fin. 1401.90
Altius Telecom Infra 175.00
Kama Holdings 2233.20
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