MoneyWorks4Me

Hi-Tech Pipes - Quaterly Results

14 May 2022 Evaluate
The turnover soared 60.21% to Rs. 4840.79 millions for the March 2022 quarter as compared to Rs. 3021.54 millions during the corresponding quarter last year.Profit for the quarter ended March 2022 rises by 98.22% to Rs. 91.36  millions from Rs. 46.09 millions.Operating Profit saw a handsome growth to 245.92 millions from 148.92 millions in the quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 4840.79 3021.54 60.21 15118.89 10264.87 47.29 15118.89 10264.87 47.29
Other Income 7.04 4.25 65.65 9.37 7.97 17.57 9.37 7.97 17.57
PBIDT 245.92 148.92 65.14 750.29 519.72 44.36 750.29 519.72 44.36
Interest 98.91 71.42 38.49 269.07 252.56 6.54 269.07 252.56 6.54
PBDT 147.01 77.50 89.69 481.22 267.16 80.12 481.22 267.16 80.12
Depreciation 18.54 18.72 -0.96 72.04 65.54 9.92 72.04 65.54 9.92
PBT 128.47 58.78 118.56 409.18 201.62 102.95 409.18 201.62 102.95
TAX 37.11 12.69 192.43 110.47 51.25 115.55 110.47 51.25 115.55
Deferred Tax -4.75 -2.59 83.40 23.64 20.26 16.68 23.64 20.26 16.68
PAT 91.36 46.09 98.22 298.71 150.37 98.65 298.71 150.37 98.65
Equity 122.71 112.06 9.50 122.71 112.06 9.50 122.71 112.06 9.50
PBIDTM(%) 5.08 4.93 3.08 4.96 5.06 -1.98 4.96 5.06 -1.98
Peers
Company Name CMP
JSW Steel 1297.95
Tata Steel 190.75
Steel Authority 185.60
Jindal Stainless 758.40
APL Apollo Tubes 2194.30
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