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Menon Bearings - Quaterly Results

20 Jul 2022 Evaluate
The sales moved up 34.15% to Rs. 619.97 millions for the June 2022 quarter as compared to Rs. 462.13 millions during the year-ago period.Net Profit recorded in the quarter ended June 2022 rise to 33.52% to Rs. 87.71  millions  compared to R. 65.69 millions in corresponding previous quarter.Operating profit surged to 142.70 millions from the corresponding previous quarter of 110.91 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 619.97 462.13 34.15 619.97 462.13 34.15 1953.96 1478.67 32.14
Other Income 9.76 8.26 18.16 9.76 8.26 18.16 26.09 30.34 -14.01
PBIDT 142.70 110.91 28.66 142.70 110.91 28.66 426.89 359.26 18.82
Interest 6.19 7.44 -16.80 6.19 7.44 -16.80 25.91 35.71 -27.44
PBDT 136.51 103.47 31.93 136.51 103.47 31.93 400.98 323.55 23.93
Depreciation 19.62 18.89 3.86 19.62 18.89 3.86 77.46 74.84 3.50
PBT 116.89 84.58 38.20 116.89 84.58 38.20 323.52 248.71 30.08
TAX 29.18 18.89 54.47 29.18 18.89 54.47 78.19 60.72 28.77
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.32 4.22 -107.58
PAT 87.71 65.69 33.52 87.71 65.69 33.52 245.33 187.99 30.50
Equity 56.04 56.04 0.00 56.04 56.04 0.00 56.04 56.04 0.00
PBIDTM(%) 23.02 24.00 -4.09 23.02 24.00 -4.09 21.85 24.30 -10.08
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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