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Upsurge Investment - Quaterly Results

23 May 2022 Evaluate
The turnover zoomed to Rs. 94.99 millions, up 69.14% for the March 2022 quarter as against Rs. 56.16 millions during the year-ago period.Profit for the quarter ended March 2022 increased merely by3.89% to Rs. 22.99  millions from Rs. 22.13 millions.The company reported a good operating profit of 28.64 millions compared to 23.52 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 94.99 56.16 69.14 381.58 282.91 34.88 381.58 282.91 34.88
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBIDT 28.64 23.52 21.77 109.00 96.84 12.56 109.00 96.84 12.56
Interest 0.28 0.26 7.69 1.50 1.29 16.28 1.50 1.29 16.28
PBDT 28.36 23.26 21.93 107.50 95.55 12.51 107.50 95.55 12.51
Depreciation 0.10 0.02 400.00 0.15 0.06 150.00 0.15 0.06 150.00
PBT 28.26 23.24 21.60 107.35 95.49 12.42 107.35 95.49 12.42
TAX 5.27 1.11 374.77 13.95 4.70 196.81 13.95 4.70 196.81
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 22.99 22.13 3.89 93.40 90.79 2.87 93.40 90.79 2.87
Equity 151.52 151.52 0.00 151.52 151.52 0.00 151.52 151.52 0.00
PBIDTM(%) 30.15 41.88 -28.01 28.57 34.23 -16.55 28.57 34.23 -16.55
Peers
Company Name CMP
Bajaj Finance 1009.00
Shriram Finance 1006.00
Aditya Birla Capital 396.95
Tata Capital 341.00
Chola Invest & Fin. 1761.00
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