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JK Tyres & Inds. - Quaterly Results

01 Nov 2022 Evaluate
A fair growth of 19.42% in the revenue at Rs. 24112.90 millions was reported in the September 2022 quarter as compared to Rs. 20191.60 millions during year-ago period.A big decline of -33.68% was reported for the quarter ended September 2022 to Rs. 360.70  millions from Rs. 543.90 millions of corresponding previous quarter.Operating profit for the quarter ended September 2022 decreased to 1807.70 millions as compared to 2013.80 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 24112.90 20191.60 19.42 47448.60 37452.90 26.69 80320.60 61345.20 30.93
Other Income 67.90 89.10 -23.79 124.00 166.20 -25.39 302.00 356.00 -15.17
PBIDT 1807.70 2013.80 -10.23 3574.30 3895.70 -8.25 7307.00 8866.10 -17.58
Interest 591.50 582.20 1.60 1134.20 1161.50 -2.35 2296.10 2662.70 -13.77
PBDT 1066.60 1449.60 -26.42 2071.70 2742.40 -24.46 5050.40 6415.50 -21.28
Depreciation 586.80 609.90 -3.79 1197.60 1217.00 -1.59 2407.40 2459.90 -2.13
PBT 479.80 839.70 -42.86 874.10 1525.40 -42.70 2643.00 3955.60 -33.18
TAX 119.10 295.80 -59.74 246.70 535.60 -53.94 812.60 1391.10 -41.59
Deferred Tax -1.10 -9.00 -87.78 -82.80 -58.30 42.02 -151.50 111.10 -236.36
PAT 360.70 543.90 -33.68 627.40 989.80 -36.61 1830.40 2564.50 -28.63
Equity 492.50 492.50 0.00 492.50 492.50 0.00 492.50 492.50 0.00
PBIDTM(%) 7.50 9.97 -24.83 7.53 10.40 -27.58 9.10 14.45 -37.06
Peers
Company Name CMP
MRF 123112.45
Apollo Tyres 407.50
JK Tyres & Inds. 333.35
Ceat 3302.40
Balkrishna Inds. 2007.05
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