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GG Automotive Gears - Quaterly Results

07 Jul 2022 Evaluate
A decent increase of about 72.32% in the turnover to Rs. 169.29 millions was observed for the quarter ended June 2022. The turnover stood at Rs. 98.24 millions during the similar quarter previous year.Modest increase of 21.96% in the Net Profit was reported from. 2.55 millions to Rs. 3.11  millions.The company reported a good operating profit of 18.63 millions compared to 15.66 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 169.29 98.24 72.32 169.29 98.24 72.32 475.08 300.62 58.03
Other Income 0.71 0.19 273.68 0.71 0.19 273.68 2.02 2.90 -30.34
PBIDT 18.63 15.66 18.97 18.63 15.66 18.97 59.88 22.17 170.09
Interest 6.26 5.41 15.71 6.26 5.41 15.71 23.40 20.48 14.26
PBDT 12.37 10.25 20.68 12.37 10.25 20.68 36.48 1.69 2058.58
Depreciation 8.26 7.70 7.27 8.26 7.70 7.27 32.31 30.83 4.80
PBT 4.11 2.55 61.18 4.11 2.55 61.18 4.17 -29.14 -114.31
TAX 1.00 0.00 0.00 1.00 0.00 0.00 0.01 -4.57 -100.22
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.64 -4.48 -85.71
PAT 3.11 2.55 21.96 3.11 2.55 21.96 4.16 -24.57 -116.93
Equity 79.19 79.19 0.00 79.19 79.19 0.00 79.19 79.19 0.00
PBIDTM(%) 11.00 15.94 -30.96 11.00 15.94 -30.96 12.60 7.37 70.91
Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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