MoneyWorks4Me

Hi-Tech Pipes - Quaterly Results

14 May 2022 Evaluate
The turnover for the March 2022 quarter moved up 60.21% to Rs. 4840.79 millions as compared to Rs. 3021.54 millions during the year-ago period.Net profit for the quarter ended March 2022 increased significantly by 98.22% to Rs. 91.36 millions from Rs. 46.09 millions.Operating profit for the quarter ended March 2022 rose to 245.92 millions as compared to 148.92 millions of corresponding quarter ended March 2021.


(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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