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Elecon Engg. reports Profit after tax of Rs 609.00 Mln, in the June 2023 quarter

11 Jul 2023 Evaluate
The sales figure stood at Rs. 3243.80 millions for the June 2023 quarter. The mentioned figure indicates a growth of about 26.12% as compared to Rs. 2571.90 millions during the year-ago period.Net profit for the quarter ended June 2023 increased significantly by 84.88% to Rs. 609.00 millions from Rs. 329.40 millions.Operating profit for the quarter ended June 2023 rose to 930.90 millions as compared to 566.00 millions of corresponding quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 3243.80 2571.90 26.12 3243.80 2571.90 26.12 11969.92 8928.17 34.07
Other Income 64.00 16.30 292.64 64.00 16.30 292.64 163.49 95.57 71.07
PBIDT 930.90 566.00 64.47 930.90 566.00 64.47 2970.39 1937.81 53.29
Interest 18.70 36.00 -48.06 18.70 36.00 -48.06 112.97 319.17 -64.61
PBDT 912.20 530.00 72.11 912.20 530.00 72.11 2857.42 1618.64 76.53
Depreciation 99.40 90.90 9.35 99.40 90.90 9.35 392.84 382.52 2.70
PBT 812.80 439.10 85.11 812.80 439.10 85.11 2464.58 1236.12 99.38
TAX 203.80 109.70 85.78 203.80 109.70 85.78 583.09 280.95 107.54
Deferred Tax -3.80 -3.80 0.00 -3.80 -3.80 0.00 -11.90 -16.39 -27.39
PAT 609.00 329.40 84.88 609.00 329.40 84.88 1881.49 955.17 96.98
Equity 224.40 224.40 0.00 224.40 224.40 0.00 224.40 224.40 0.00
PBIDTM(%) 28.70 22.01 30.40 28.70 22.01 30.40 24.82 21.70 14.33
Peers
Company Name CMP
Bharat Heavy Elect. 405.20
Thermax 3340.00
Kirloskar Industries 3476.15
Skipper 536.00
INDO-MIM 1250.40
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