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Indo Gulf Inds reports Profit after tax of Rs 24.14 Mln, in the March 2023 quarter

30 May 2023 Evaluate
Net sales declined -5.02%  to  Rs. 518.85 million from Rs. 546.27 millions.Net Profit for the quarter ended March 2023 zoomed to 1157.29% from Rs. 1.92 millions to Rs. 24.14  millions.OP of the company witnessed a marginal growth to 32.68 millions from 6.39 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 518.85 546.27 -5.02 2069.54 1455.14 42.22 2069.54 1455.14 42.22
Other Income 2.04 4.76 -57.14 3.63 2.39 51.88 3.63 2.39 51.88
PBIDT 32.68 6.39 411.42 83.02 30.12 175.63 83.02 30.12 175.63
Interest 2.48 0.26 853.85 3.12 3.83 -18.54 3.12 3.83 -18.54
PBDT 30.20 6.13 392.66 79.90 26.29 203.92 79.90 26.29 203.92
Depreciation 5.42 2.26 139.82 12.13 8.12 49.38 12.13 8.12 49.38
PBT 24.78 3.87 540.31 67.77 18.17 272.98 67.77 18.17 272.98
TAX 0.64 1.95 -67.18 3.40 1.97 72.59 3.40 1.97 72.59
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 24.14 1.92 1157.29 64.37 16.20 297.35 64.37 16.20 297.35
Equity 9.57 9.57 0.00 9.57 9.60 -0.31 9.57 9.60 -0.31
PBIDTM(%) 6.30 1.17 438.43 4.01 2.07 93.80 4.01 2.07 93.80
Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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