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JK Tyres & Inds. - Quaterly Results

20 May 2022 Evaluate
The company witnessed a 6.92% growth in the revenue at Rs. 21628.80 millions for the quarter ended March 2022 as compared to Rs. 20228.20 millions during the year-ago period.The company reported a drastic decline of -80.94% in the quarter ended March 2022 to Rs. 261.50  millions from Rs. 1371.80 millions  .A decline of 1401.90 millions was observed in the OP in the quarter ended March 2022 from 3155.10 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 21628.80 20228.20 6.92 80320.60 61345.20 30.93 80320.60 61345.20 30.93
Other Income 70.90 140.30 -49.47 302.00 356.00 -15.17 302.00 356.00 -15.17
PBIDT 1401.90 3155.10 -55.57 7307.00 8866.10 -17.58 7307.00 8866.10 -17.58
Interest 569.70 567.90 0.32 2296.10 2662.70 -13.77 2296.10 2662.70 -13.77
PBDT 860.80 2705.10 -68.18 5050.40 6415.50 -21.28 5050.40 6415.50 -21.28
Depreciation 584.70 603.10 -3.05 2407.40 2459.90 -2.13 2407.40 2459.90 -2.13
PBT 276.10 2102.00 -86.86 2643.00 3955.60 -33.18 2643.00 3955.60 -33.18
TAX 14.60 730.20 -98.00 812.60 1391.10 -41.59 812.60 1391.10 -41.59
Deferred Tax -65.00 71.30 -191.16 -151.50 111.10 -236.36 -151.50 111.10 -236.36
PAT 261.50 1371.80 -80.94 1830.40 2564.50 -28.63 1830.40 2564.50 -28.63
Equity 492.50 492.50 0.00 492.50 492.50 0.00 492.50 492.50 0.00
PBIDTM(%) 6.48 15.60 -58.44 9.10 14.45 -37.06 9.10 14.45 -37.06
Peers
Company Name CMP
MRF 123112.45
Apollo Tyres 407.50
JK Tyres & Inds. 333.35
Ceat 3302.40
Balkrishna Inds. 2007.05
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