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Hi-Tech Pipes - Quaterly Results

28 Jan 2023 Evaluate
The sales surged to Rs. 4438.76 millions, up 26.97% for the December 2022 quarter as against Rs. 3495.79 millions during the corresponding quarter previous year.Net Profit recorded in the quarter ended December 2022 rise to 28.21% to Rs. 83.80  millions  compared to R. 65.36 millions in corresponding previous quarter.OP of the company witnessed a marginal growth to 197.65 millions from 171.44 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 4438.76 3495.79 26.97 13076.55 10278.10 27.23 15118.89 10264.87 47.29
Other Income 3.95 0.21 1780.95 18.41 2.33 690.13 9.37 7.97 17.57
PBIDT 197.65 171.44 15.29 525.73 504.38 4.23 750.29 519.72 44.36
Interest 57.69 64.60 -10.70 191.97 170.16 12.82 269.07 252.56 6.54
PBDT 139.96 106.84 31.00 268.61 334.22 -19.63 481.22 267.16 80.12
Depreciation 27.98 17.86 56.66 64.84 53.50 21.20 72.04 65.54 9.92
PBT 111.98 88.98 25.85 203.77 280.72 -27.41 409.18 201.62 102.95
TAX 28.18 23.62 19.31 51.28 73.36 -30.10 110.47 51.25 115.55
Deferred Tax 3.93 9.36 -58.01 12.90 28.38 -54.55 23.64 20.26 16.68
PAT 83.80 65.36 28.21 152.49 207.36 -26.46 298.71 150.37 98.65
Equity 122.71 122.11 0.49 122.71 122.11 0.49 122.71 112.06 9.50
PBIDTM(%) 4.45 4.90 -9.20 4.02 4.91 -18.07 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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