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Hi-Tech Pipes - Quaterly Results

10 Aug 2022 Evaluate
The sales figure stood at Rs. 4071.96 millions for the June 2022 quarter. The mentioned figure indicates a growth of about 33.60% as compared to Rs. 3047.87 millions during the year-ago period.Net profit of the cmpany stood at Rs. 35.05 millions for the quarter ended June 2022 a decline of -46.18% from Rs. 65.12 millions  in the same quarter last year.Operating profit for the quarter ended June 2022 decreased to 136.26 millions as compared to 151.63 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 4071.96 3047.87 33.60 4071.96 3047.87 33.60 15118.89 10264.87 47.29
Other Income 5.68 1.30 336.92 5.68 1.30 336.92 9.37 7.97 17.57
PBIDT 136.26 151.63 -10.14 136.26 151.63 -10.14 750.29 519.72 44.36
Interest 71.04 47.00 51.15 71.04 47.00 51.15 269.07 252.56 6.54
PBDT 65.22 104.63 -37.67 65.22 104.63 -37.67 481.22 267.16 80.12
Depreciation 18.18 17.80 2.13 18.18 17.80 2.13 72.04 65.54 9.92
PBT 47.04 86.83 -45.83 47.04 86.83 -45.83 409.18 201.62 102.95
TAX 11.99 21.71 -44.77 11.99 21.71 -44.77 110.47 51.25 115.55
Deferred Tax 4.69 8.68 -45.97 4.69 8.68 -45.97 23.64 20.26 16.68
PAT 35.05 65.12 -46.18 35.05 65.12 -46.18 298.71 150.37 98.65
Equity 122.71 114.96 6.74 122.71 114.96 6.74 122.71 112.06 9.50
PBIDTM(%) 3.35 4.97 -32.74 3.35 4.97 -32.74 4.96 5.06 -1.98
Peers
Company Name CMP
JSW Steel 1297.95
Tata Steel 190.75
Steel Authority 185.60
Jindal Stainless 758.40
APL Apollo Tubes 2194.30
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