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Balaji Amines reports Profit after tax of Rs 344.66 Mln, in the June 2023 quarter

30 Jun 2023 Evaluate
The sales is pegged at Rs. 3372.33 millions for the June 2023 quarter. The mentioned figure indicates a decline of about -34.50% as against Rs. 5148.53 millions during the year-ago period.A big decline of -62.81% was reported for the quarter ended June 2023 to Rs. 344.66  millions from Rs. 926.68 millions of corresponding previous quarter.A decline of 558.93 millions was observed in the OP in the quarter ended June 2023 from 1325.49 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 3372.33 5148.53 -34.50 3372.33 5148.53 -34.50 17262.83 19206.66 -10.12
Other Income 42.89 26.20 63.70 42.89 26.20 63.70 97.56 183.95 -46.96
PBIDT 558.93 1325.49 -57.83 558.93 1325.49 -57.83 3393.69 4593.49 -26.12
Interest 4.28 10.14 -57.79 4.28 10.14 -57.79 27.34 70.41 -61.17
PBDT 554.65 1315.35 -57.83 554.65 1315.35 -57.83 3366.35 4523.08 -25.57
Depreciation 81.13 73.99 9.65 81.13 73.99 9.65 312.62 291.68 7.18
PBT 473.52 1241.36 -61.85 473.52 1241.36 -61.85 3053.73 4231.40 -27.83
TAX 128.86 314.68 -59.05 128.86 314.68 -59.05 778.31 1151.99 -32.44
Deferred Tax 11.02 7.26 51.79 11.02 7.26 51.79 62.81 39.57 58.73
PAT 344.66 926.68 -62.81 344.66 926.68 -62.81 2275.42 3079.41 -26.11
Equity 64.80 64.80 0.00 64.80 64.80 0.00 64.80 64.80 0.00
PBIDTM(%) 16.57 25.75 -35.62 16.57 25.75 -35.62 19.66 23.92 -17.80
Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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