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CG Power & Indl.Soln reports Profit after tax of Rs 1920.60 Mln, in the June 2023 quarter

27 Jul 2023 Evaluate
The June 2023 quarter revenue stood at Rs. 17660.10 millions, up 13.31% as compared to Rs. 15585.90 millions during the corresponding quarter last year.Profit after tax for the quarter ended June 2023 reported a huge growth of 54.40% to Rs. 1920.60  millions from Rs. 1243.90 millions.Operating profit surged to 2765.60 millions from the corresponding previous quarter of 1885.80 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 17660.10 15585.90 13.31 17660.10 15585.90 13.31 65796.30 51591.80 27.53
Other Income 259.00 127.30 103.46 259.00 127.30 103.46 793.20 450.40 76.11
PBIDT 2765.60 1885.80 46.65 2765.60 1885.80 46.65 10162.50 6421.30 58.26
Interest 7.70 51.60 -85.08 7.70 51.60 -85.08 145.60 663.80 -78.07
PBDT 2757.90 1846.80 49.33 2757.90 1846.80 49.33 10577.60 8153.30 29.73
Depreciation 201.70 187.00 7.86 201.70 187.00 7.86 746.90 737.20 1.32
PBT 2556.20 1659.80 54.01 2556.20 1659.80 54.01 9830.70 7416.10 32.56
TAX 635.60 415.90 52.83 635.60 415.90 52.83 1977.10 1145.50 72.60
Deferred Tax 635.60 407.10 56.13 635.60 407.10 56.13 1899.00 1113.80 70.50
PAT 1920.60 1243.90 54.40 1920.60 1243.90 54.40 7853.60 6270.60 25.24
Equity 3054.50 3054.20 0.01 3054.50 3054.20 0.01 3054.30 2883.70 5.92
PBIDTM(%) 15.66 12.10 29.43 15.66 12.10 29.43 15.45 12.45 24.10
Peers
Company Name CMP
Waaree Energies 2395.55
Apar Industries 18034.00
Havells India 1061.20
Suzlon Energy 38.51
Siemens 3794.95
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