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Vishal Bearings - Quaterly Results

08 Aug 2022 Evaluate
The June 2022 quarter revenue stood at Rs. 240.57 millions, up 22.68% as compared to Rs. 196.10 millions during the corresponding quarter last year.The Net Loss for the quarter ended June 2022 is Rs. -8.78 millions as compared to Net Profit of Rs. 0.76 millions of corresponding quarter ended June 2021Operating profit for the quarter ended June 2022 decreased to 8.61 millions as compared to 16.81 millions of corresponding quarter ended June 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 240.57 196.10 22.68 240.57 196.10 22.68 1081.74 577.13 87.43
Other Income 0.00 1.51 0.00 0.00 1.51 0.00 10.04 3.41 194.43
PBIDT 8.61 16.81 -48.78 8.61 16.81 -48.78 161.36 67.65 138.52
Interest 9.44 7.14 32.21 9.44 7.14 32.21 30.47 24.92 22.27
PBDT -0.83 9.67 -108.58 -0.83 9.67 -108.58 130.89 42.73 206.32
Depreciation 11.40 8.63 32.10 11.40 8.63 32.10 36.74 36.54 0.55
PBT -12.23 1.04 -1275.96 -12.23 1.04 -1275.96 94.15 6.19 1421.00
TAX -3.45 0.28 -1332.14 -3.45 0.28 -1332.14 26.50 2.25 1077.78
Deferred Tax -3.45 -0.43 702.33 -3.45 -0.43 702.33 -0.53 0.23 -330.43
PAT -8.78 0.76 -1255.26 -8.78 0.76 -1255.26 67.65 3.94 1617.01
Equity 107.91 107.91 0.00 107.91 107.91 0.00 107.91 107.91 0.00
PBIDTM(%) 3.58 8.57 -58.25 3.58 8.57 -58.25 14.92 11.72 27.26
Peers
Company Name CMP
Schaeffler India 3529.50
Timken India 2999.70
SKF India 1471.20
NRB Bearings 468.70
Menon Bearings 316.95
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