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Tide Water Oil Co(I) - Quaterly Results

13 Aug 2022 Evaluate
A decent increase of about 62.23% in the turnover to Rs. 3490.40 millions was observed for the quarter ended June 2022. The turnover stood at Rs. 2151.50 millions during the similar quarter previous year.Handsome Net Profit growth of 92.40% reported above the corresponding previous quarter figure of Rs. 235.50 millions to Rs. 122.40 millions.Operating profit for the quarter ended June 2022 rose to 329.00 millions as compared to 188.60 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 3490.40 2151.50 62.23 3490.40 2151.50 62.23 12476.50 10513.00 18.68
Other Income 28.50 99.00 -71.21 28.50 99.00 -71.21 457.80 423.80 8.02
PBIDT 329.00 188.60 74.44 329.00 188.60 74.44 1484.30 1680.30 -11.66
Interest 3.20 3.50 -8.57 3.20 3.50 -8.57 13.10 17.40 -24.71
PBDT 325.80 185.10 76.01 325.80 185.10 76.01 1471.20 1662.90 -11.53
Depreciation 25.80 26.50 -2.64 25.80 26.50 -2.64 107.30 104.20 2.98
PBT 300.00 158.60 89.16 300.00 158.60 89.16 1363.90 1558.70 -12.50
TAX 64.50 36.20 78.18 64.50 36.20 78.18 298.00 384.20 -22.44
Deferred Tax -2.30 -1.40 64.29 -2.30 -1.40 64.29 -0.50 -8.50 -94.12
PAT 235.50 122.40 92.40 235.50 122.40 92.40 1065.90 1174.50 -9.25
Equity 34.00 17.00 100.00 34.00 17.00 100.00 34.00 17.00 100.00
PBIDTM(%) 9.43 8.77 7.53 9.43 8.77 7.53 11.90 15.98 -25.57
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