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Delton Cables reports Profit after tax of Rs -43.28 Mln, in the March 2023 quarter

30 May 2023 Evaluate
The turnover soared 67.82% to Rs. 805.02 millions for the March 2023 quarter as compared to Rs. 479.70 millions during the corresponding quarter last year.The Net Loss for the quarter ended March 2023 is Rs. -43.28 millions as compared to Net Profit of Rs. 29.43 millions of corresponding quarter ended March 2022Operating profit for the quarter ended March 2023 decreased to 37.70 millions as compared to 71.73 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 805.02 479.70 67.82 2721.47 1591.16 71.04 2721.47 1591.16 71.04
Other Income 6.22 2.49 149.80 13.34 5.99 122.70 13.34 5.99 122.70
PBIDT 37.70 71.73 -47.44 195.55 122.63 59.46 195.55 122.63 59.46
Interest 24.65 29.41 -16.18 117.22 98.19 19.38 117.22 98.19 19.38
PBDT 13.06 42.31 -69.13 79.13 24.43 223.91 79.13 24.43 223.91
Depreciation 3.19 3.70 -13.78 12.64 13.93 -9.26 12.64 13.93 -9.26
PBT 9.87 38.61 -74.44 66.49 10.50 533.24 66.49 10.50 533.24
TAX 53.15 9.18 478.98 60.72 2.83 2045.58 60.72 2.83 2045.58
Deferred Tax 63.04 6.29 902.23 60.72 -0.06 -101300.00 60.72 -0.06 -101300.00
PAT -43.28 29.43 -247.06 5.77 7.67 -24.77 5.77 7.67 -24.77
Equity 86.40 86.40 0.00 86.40 86.40 0.00 86.40 86.40 0.00
PBIDTM(%) 4.68 14.95 -68.68 7.19 7.71 -6.77 7.19 7.71 -6.77
Peers
Company Name CMP
Polycab India 8360.00
KEI Industries 4649.55
RR Kabel Ltd. 2507.30
Finolex Cables 1481.00
Precision Wire India 490.05
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