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Andhra Petrochem reports Profit after tax of Rs 11.84 Mln, in the June 2023 quarter

26 Jul 2023 Evaluate
Net sales declined -22.46%  to  Rs. 1906.67 million from Rs. 2459.07 millions.Net profit was down at Rs. 11.84  millions against Rs. 292.27 millions recorded in the corresponding quarter a year ago.The net profit spiraled down by -95.95%.Operating profit for the quarter ended June 2023 decreased to 73.42 millions as compared to 448.52 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 1906.67 2459.07 -22.46 1906.67 2459.07 -22.46 6829.82 9653.80 -29.25
Other Income 58.65 36.30 61.57 58.65 36.30 61.57 186.80 145.12 28.72
PBIDT 73.42 448.52 -83.63 73.42 448.52 -83.63 532.98 3238.30 -83.54
Interest 21.74 21.59 0.69 21.74 21.59 0.69 86.36 86.05 0.36
PBDT 51.68 426.93 -87.89 51.68 426.93 -87.89 446.62 3152.25 -85.83
Depreciation 36.84 35.72 3.14 36.84 35.72 3.14 153.87 141.44 8.79
PBT 14.84 391.21 -96.21 14.84 391.21 -96.21 292.75 3010.81 -90.28
TAX 3.00 98.94 -96.97 3.00 98.94 -96.97 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 11.84 292.27 -95.95 11.84 292.27 -95.95 204.09 2267.35 -91.00
Equity 849.72 849.72 0.00 849.72 849.72 0.00 849.72 849.72 0.00
PBIDTM(%) 3.85 18.24 -78.89 3.85 18.24 -78.89 7.80 33.54 -76.74
Peers
Company Name CMP
Godrej Industries 1073.40
SRF 2490.00
BASF India 3493.40
Pidilite Inds. 1499.05
Tata Chemicals 641.65
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