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Cranes Software reports Profit after tax of Rs -53.53 Mln, in the June 2023 quarter

30 Jun 2023 Evaluate
A minor change in the total revenue was seen in the June 2023 quarter. The total revenue for the quarter stood at Rs. 0.00 millions against Rs. 0.00 millions during year ago period.The Net Loss for the quarter ended June 2023 is Rs. -53.53 millions as compared to Net Profit of Rs. 854.95 millions of corresponding quarter ended June 2022Operating profit Margin for the quarter ended June 2023 slipped to -44.89% as compared to 1021.93% 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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.13 0.00
Other Income 0.00 1054.86 0.00 0.00 1054.86 0.00 1896.30 649.69 191.88
PBIDT -44.89 1021.93 -104.39 -44.89 1021.93 -104.39 1179.06 290.13 306.39
Interest 8.36 0.38 2100.00 8.36 0.38 2100.00 30.92 7.52 311.17
PBDT -53.25 1021.55 -105.21 -53.25 1021.55 -105.21 1148.14 282.61 306.26
Depreciation 0.28 0.14 100.00 0.28 0.14 100.00 0.54 0.88 -38.64
PBT -53.53 1021.41 -105.24 -53.53 1021.41 -105.24 1147.60 281.73 307.34
TAX 0.00 166.46 0.00 0.00 166.46 0.00 2023.47 435.11 365.05
Deferred Tax 0.00 166.46 0.00 0.00 166.46 0.00 2023.47 435.11 365.05
PAT -53.53 854.95 -106.26 -53.53 854.95 -106.26 -875.87 -153.38 471.05
Equity 235.53 235.53 0.00 235.53 235.53 0.00 235.53 235.53 0.00
PBIDTM(%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7024.94 0.00
Peers
Company Name CMP
TCS 2461.00
Infosys 1130.00
HCL Technologies 1377.00
Wipro 182.00
Tech Mahindra 1778.00
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