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TVS Srichakra - Quaterly Results

25 May 2022 Evaluate
The revenue zoomed 10.48% to Rs. 6419.40 millions for the quarter ended March 2022 as compared to Rs. 5810.40 millions during the corresponding quarter last year.Net Profit for the quarter ended March 2022 dipped to Rs. 71.10  millions from Rs. 341.10 millions  in the corresponding previous quarter.The company reported a degrowth in operating Profit to 383.80 millions from 803.10 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 6419.40 5810.40 10.48 24473.60 18758.30 30.47 24473.60 18758.30 30.47
Other Income 33.70 29.70 13.47 59.20 53.10 11.49 59.20 53.10 11.49
PBIDT 383.80 803.10 -52.21 1675.30 2288.30 -26.79 1675.30 2288.30 -26.79
Interest 88.60 59.50 48.91 307.50 310.00 -0.81 307.50 310.00 -0.81
PBDT 267.50 743.60 -64.03 1340.10 1976.00 -32.18 1340.10 1976.00 -32.18
Depreciation 158.40 295.50 -46.40 770.70 1011.40 -23.80 770.70 1011.40 -23.80
PBT 109.10 448.10 -75.65 569.40 964.60 -40.97 569.40 964.60 -40.97
TAX 38.00 107.00 -64.49 153.70 237.00 -35.15 153.70 237.00 -35.15
Deferred Tax 19.10 -81.40 -123.46 5.80 -65.90 -108.80 5.80 -65.90 -108.80
PAT 71.10 341.10 -79.16 415.70 727.60 -42.87 415.70 727.60 -42.87
Equity 76.60 76.60 0.00 76.60 76.60 0.00 76.60 76.60 0.00
PBIDTM(%) 5.98 13.82 -56.74 6.85 12.20 -43.89 6.85 12.20 -43.89
Peers
Company Name CMP
MRF 123227.50
Apollo Tyres 412.50
JK Tyres & Inds. 335.00
Ceat 3238.85
Balkrishna Inds. 2124.60
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