MoneyWorks4Me

Steel Strips Wheels - Quaterly Results

13 May 2022 Evaluate
The turnover soared 51.92% to Rs. 10632.62 millions for the March 2022 quarter as compared to Rs. 6998.72 millions during the corresponding quarter last year.The Company has registered profit of Rs. 488.85  millions for the quarter ended March 2022, a growth of 9.71%  over Rs. 445.59 millions millions achieved in the corresponding quarter of last year.The company reported a good operating profit of 1168.36 millions compared to 925.59 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 10632.62 6998.72 51.92 35599.53 17494.15 103.49 35599.53 17494.15 103.49
Other Income 54.76 64.78 -15.47 130.27 163.18 -20.17 130.27 163.18 -20.17
PBIDT 1168.36 925.59 26.23 4658.09 2200.72 111.66 4658.09 2200.72 111.66
Interest 194.71 193.01 0.88 854.21 839.31 1.78 854.21 839.31 1.78
PBDT 973.65 732.57 32.91 3803.88 1361.40 179.41 3803.88 1361.40 179.41
Depreciation 189.37 191.61 -1.17 768.70 723.11 6.30 768.70 723.11 6.30
PBT 784.28 540.96 44.98 3035.18 638.29 375.52 3035.18 638.29 375.52
TAX 295.43 95.37 209.77 980.54 145.79 572.57 980.54 145.79 572.57
Deferred Tax -22.73 50.02 -145.44 84.35 100.44 -16.02 84.35 100.44 -16.02
PAT 488.85 445.59 9.71 2054.64 492.50 317.19 2054.64 492.50 317.19
Equity 156.09 156.09 0.00 156.09 156.09 0.00 156.09 156.09 0.00
PBIDTM(%) 10.99 13.23 -16.91 13.08 12.58 4.01 13.08 12.58 4.01
Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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