SMC Credits - Quaterly Results

SMC Credits Ltd. | Finance - NBFC | BFSI | BSE: 532138 | NSE:

08 Aug 2022 Evaluate

The sales slipped to Rs. 5.93 millions, down -51.55% for the June 2022 quarter as against Rs. 12.24 millions during the year-ago period.A radical decline of -82.43% was reported in the net profit of the company for the quarter ended June 2022 to Rs. 1.33 millions from Rs. 7.57 millions.The Operating Profit of the company witnessed a decrease to 5.89 millions from 13.89 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202206	202106	% Var	202206	202106	% Var	202203	202103	% Var
Sales	5.93	12.24	-51.55	5.93	12.24	-51.55	42.61	41.94	1.60
Other Income	2.46	2.44	0.82	2.46	2.44	0.82	9.77	9.69	0.83
PBIDT	5.89	13.89	-57.60	5.89	13.89	-57.60	49.05	45.14	8.66
Interest	4.25	3.73	13.94	4.25	3.73	13.94	15.39	14.89	3.36
PBDT	1.64	10.16	-83.86	1.64	10.16	-83.86	33.66	30.25	11.27
Depreciation	0.09	0.09	0.00	0.09	0.09	0.00	0.35	0.35	0.00
PBT	1.55	10.07	-84.61	1.55	10.07	-84.61	33.31	29.90	11.40
TAX	0.22	2.50	-91.20	0.22	2.50	-91.20	7.40	-15.06	-149.14
Deferred Tax	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PAT	1.33	7.57	-82.43	1.33	7.57	-82.43	25.91	44.96	-42.37
Equity	100.22	100.22	0.00	100.22	100.22	0.00	100.22	100.22	0.00
PBIDTM(%)	99.33	113.48	-12.47	99.33	113.48	-12.47	115.11	107.63	6.95