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Steel Strips Wheels - Quaterly Results

20 Oct 2022 Evaluate
A fair growth of 12.84% in the revenue at Rs. 10810.93 millions was reported in the September 2022 quarter as compared to Rs. 9580.42 millions during year-ago period.The Net proft of the company remain more or less same to Rs. 546.08  millions from Rs. 628.01 millions ,decline by -13.05%.Operating profit for the quarter ended September 2022 decreased to 1207.97 millions as compared to 1406.29 millions of corresponding quarter ended September 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 10810.93 9580.42 12.84 20971.79 16361.69 28.18 35599.53 17494.15 103.49
Other Income 36.36 35.84 1.45 36.64 58.57 -37.44 130.27 163.18 -20.17
PBIDT 1207.97 1406.29 -14.10 2301.31 2406.58 -4.37 4658.09 2200.72 111.66
Interest 205.96 237.44 -13.26 388.40 434.70 -10.65 854.21 839.31 1.78
PBDT 1002.01 1168.86 -14.27 1912.91 1971.88 -2.99 3803.88 1361.40 179.41
Depreciation 202.26 201.32 0.47 402.80 376.92 6.87 768.70 723.11 6.30
PBT 799.75 967.54 -17.34 1510.11 1594.96 -5.32 3035.18 638.29 375.52
TAX 253.67 339.53 -25.29 482.73 456.09 5.84 980.54 145.79 572.57
Deferred Tax 3.36 21.59 -84.44 9.86 40.55 -75.68 84.35 100.44 -16.02
PAT 546.08 628.01 -13.05 1027.38 1138.87 -9.79 2054.64 492.50 317.19
Equity 156.51 156.09 0.27 156.51 156.09 0.27 156.09 156.09 0.00
PBIDTM(%) 11.17 14.68 -23.88 10.97 14.71 -25.39 13.08 12.58 4.01
Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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