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Galaxy Bearings - Quaterly Results

27 Jan 2023 Evaluate
The revenue declined to Rs. 269.55 millions for the quarter ended December 2022 as compared to Rs. 276.16 millions during the corresponding quarter last year.Good  Net Profit growth of 43.15% reported above the corresponding previous quarter figure of Rs. 31.77 millions to Rs. 45.48 millioins.Operating profit surged to 63.35 millions from the corresponding previous quarter of 46.84 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 269.55 276.16 -2.39 756.56 697.09 8.53 1040.88 626.71 66.09
Other Income 13.76 2.59 431.27 23.49 7.46 214.88 16.10 6.18 160.52
PBIDT 63.35 46.84 35.25 145.45 131.25 10.82 199.73 121.35 64.59
Interest 0.50 0.99 -49.49 1.15 2.21 -47.96 3.42 1.69 102.37
PBDT 62.85 45.85 37.08 144.30 129.04 11.83 196.31 119.66 64.06
Depreciation 4.46 4.62 -3.46 12.83 13.30 -3.53 18.04 14.29 26.24
PBT 58.39 41.23 41.62 131.47 115.74 13.59 178.27 105.37 69.18
TAX 12.91 9.46 36.47 31.02 28.76 7.86 45.40 26.81 69.34
Deferred Tax -0.59 -0.14 321.43 -1.08 0.06 -1900.00 0.41 0.51 -19.61
PAT 45.48 31.77 43.15 100.45 86.98 15.49 132.87 78.56 69.13
Equity 31.80 31.80 0.00 31.80 31.80 0.00 31.80 31.80 0.00
PBIDTM(%) 23.50 16.96 38.56 19.23 18.83 2.11 19.19 19.36 -0.90
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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