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Minda Corporation - Quaterly Results

17 May 2022 Evaluate
The quarter ended March 2022 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 7859.30 millions.Handsome Net Profit growth of 80.42% reported above the corresponding previous quarter figure of Rs. 828.30 millions to Rs. 459.10 millions.Operating profit for the quarter ended March 2022 rose to 1085.00 millions as compared to 923.00 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 7859.30 7675.50 2.39 27348.20 22887.50 19.49 27348.20 22887.50 19.49
Other Income 224.70 58.60 283.45 462.90 303.40 52.57 462.90 303.40 52.57
PBIDT 1085.00 923.00 17.55 3111.90 2390.20 30.19 3111.90 2390.20 30.19
Interest 69.90 76.10 -8.15 304.50 358.10 -14.97 304.50 358.10 -14.97
PBDT 1015.10 846.90 19.86 2807.40 2032.10 38.15 2807.40 2032.10 38.15
Depreciation 261.00 233.10 11.97 1027.60 897.10 14.55 1027.60 897.10 14.55
PBT 754.10 613.80 22.86 1779.80 1135.00 56.81 1779.80 1135.00 56.81
TAX -74.20 154.70 -147.96 177.80 298.30 -40.40 177.80 298.30 -40.40
Deferred Tax -30.80 -6.20 396.77 -65.90 -17.10 285.38 -65.90 -17.10 285.38
PAT 828.30 459.10 80.42 1602.00 836.70 91.47 1602.00 836.70 91.47
Equity 478.20 478.20 0.00 478.20 478.20 0.00 478.20 478.20 0.00
PBIDTM(%) 13.81 12.03 14.80 11.38 10.44 8.96 11.38 10.44 8.96
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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