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Arvee Laboratories - Quaterly Results

26 May 2022 Evaluate
The sales figure stood at Rs. 126.65 millions for the March 2022 quarter. The mentioned figure indicates a growth of about 43.12% as compared to Rs. 88.49 millions during the year-ago period.The Profit  for the quarter ended March 2022 of  Rs. 7.86  millions  grew by 81.11% from Rs. 4.34 millions.Operating profit for the quarter ended March 2022 rose to 17.48 millions as compared to 13.36 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 126.65 88.49 43.12 403.28 473.75 -14.87 403.28 473.75 -14.87
Other Income 2.10 2.87 -26.83 4.63 5.85 -20.85 4.63 5.85 -20.85
PBIDT 17.48 13.36 30.84 61.27 66.24 -7.50 61.27 66.24 -7.50
Interest 0.92 0.92 0.00 3.59 5.76 -37.67 3.59 5.76 -37.67
PBDT 16.56 12.44 33.12 57.68 60.48 -4.63 57.68 60.48 -4.63
Depreciation 6.18 6.15 0.49 23.20 24.07 -3.61 23.20 24.07 -3.61
PBT 10.38 6.29 65.02 34.48 36.41 -5.30 34.48 36.41 -5.30
TAX 2.52 1.95 29.23 8.75 9.64 -9.23 8.75 9.64 -9.23
Deferred Tax -0.31 -0.09 244.44 -1.13 -1.08 4.63 -1.13 -1.08 4.63
PAT 7.86 4.34 81.11 25.73 26.77 -3.88 25.73 26.77 -3.88
Equity 110.20 110.20 0.00 110.20 110.20 0.00 110.20 110.20 0.00
PBIDTM(%) 13.80 15.10 -8.58 15.19 13.98 8.66 15.19 13.98 8.66
Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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