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Foseco India reports Profit after tax of Rs 163.13 Mln, in the December 2023 quarter

23 Feb 2024 Evaluate
The revenue for the December 2023 quarter is pegged at Rs. 1223.23 millions, about 15.72% up against Rs. 1057.07 millions recorded during the year-ago period.A good growth in profit of 33.09% reported to Rs. 163.13  millions over Rs. 122.57 millions of corresponding previous quarter.Operating Profit saw a handsome growth to 237.64 millions from 199.98 millions in the quarter ended December 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202312 202212 % Var
Sales 1223.23 1057.07 15.72 4774.09 4067.35 17.38 4774.09 4067.35 17.38
Other Income 42.32 19.42 117.92 214.81 74.81 187.14 214.81 74.81 187.14
PBIDT 237.64 199.98 18.83 911.34 702.33 29.76 911.34 702.33 29.76
Interest 0.73 0.00 0.00 0.73 0.00 0.00 0.73 0.00 0.00
PBDT 240.91 199.98 20.47 1029.46 702.33 46.58 1029.46 702.33 46.58
Depreciation 22.91 37.43 -38.79 77.92 89.02 -12.47 77.92 89.02 -12.47
PBT 218.00 162.55 34.11 951.54 613.31 55.15 951.54 613.31 55.15
TAX 54.87 39.98 37.24 221.71 153.62 44.32 221.71 153.62 44.32
Deferred Tax 3.09 -4.11 -175.18 -1.74 -7.09 -75.46 -1.74 -7.09 -75.46
PAT 163.13 122.57 33.09 729.83 459.69 58.77 729.83 459.69 58.77
Equity 63.86 63.86 0.00 63.86 63.86 0.00 63.86 63.86 0.00
PBIDTM(%) 19.43 18.92 2.69 19.09 17.27 10.55 19.09 17.27 10.55
Peers
Company Name CMP
Godrej Industries 1105.95
SRF 2500.10
BASF India 3524.05
Pidilite Inds. 1502.30
Tata Chemicals 643.75
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