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Banco Products (I) reports Profit after tax of Rs 307.70 Mln, in the September 2023 quarter

06 Nov 2023 Evaluate
Net sales declined -7.27%  to  Rs. 2418.40 million from Rs. 2608.00 millions.Net Profit for the quarter ended September 2023 dipped to Rs. 307.70  millions from Rs. 1338.50 millions  in the corresponding previous quarter.A decline of 471.00 millions was observed in the OP in the quarter ended September 2023 from 1478.80 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 2418.40 2608.00 -7.27 5142.00 5124.20 0.35 10037.90 7952.10 26.23
Other Income 50.30 1097.60 -95.42 773.60 1122.90 -31.11 1324.40 292.10 353.41
PBIDT 471.00 1478.80 -68.15 1767.70 1942.90 -9.02 3024.10 1301.00 132.44
Interest 0.90 1.20 -25.00 1.90 1.90 0.00 3.50 3.60 -2.78
PBDT 470.10 1477.60 -68.18 1765.80 1941.00 -9.03 3020.60 1297.40 132.82
Depreciation 60.00 52.20 14.94 118.40 102.60 15.40 211.10 197.40 6.94
PBT 410.10 1425.40 -71.23 1647.40 1838.40 -10.39 2809.50 1100.00 155.41
TAX 102.40 86.90 17.84 236.30 162.30 45.59 354.10 243.40 45.48
Deferred Tax -3.50 -1.20 191.67 -6.20 -33.80 -81.66 -35.50 2.10 -1790.48
PAT 307.70 1338.50 -77.01 1411.10 1676.10 -15.81 2455.40 856.60 186.64
Equity 143.00 143.00 0.00 143.00 143.00 0.00 143.00 143.00 0.00
PBIDTM(%) 19.48 56.70 -65.65 34.38 37.92 -9.33 30.13 16.36 84.14
Peers
Company Name CMP
SamvardhanaMotherson 162.30
Tube Investments 2580.15
Bosch 47600.00
UNO Minda 1231.80
Bombay Burmah Trdg. 1484.65
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