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Magna ElectroCasting - Quaterly Results

31 Jan 2023 Evaluate
The revenue for the December 2022 quarter is pegged at Rs. 386.30 millions against Rs. 406.13 millions recorded during the year-ago period.Profit for the quarter ended December 2022 rises by 57.86% to Rs. 38.14  millions from Rs. 24.16 millions.Operating Profit saw a handsome growth to 64.19 millions from 48.73 millions in the quarter ended December 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 386.30 406.13 -4.88 1271.11 1004.33 26.56 1350.27 978.19 38.04
Other Income 3.31 2.04 62.25 32.06 10.87 194.94 24.47 12.00 103.92
PBIDT 64.19 48.73 31.73 236.06 128.72 83.39 152.61 112.38 35.80
Interest 0.60 1.05 -42.86 2.81 2.02 39.11 3.23 0.52 521.15
PBDT 63.59 47.68 33.37 233.25 126.70 84.10 149.38 111.86 33.54
Depreciation 12.64 12.55 0.72 40.77 35.35 15.33 45.89 41.72 10.00
PBT 50.95 35.13 45.03 192.48 91.35 110.71 103.49 70.14 47.55
TAX 12.81 10.97 16.77 48.74 25.07 94.42 26.20 18.36 42.70
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 38.14 24.16 57.86 143.74 66.28 116.87 77.29 51.78 49.27
Equity 42.32 42.32 0.00 42.32 42.32 0.00 42.32 42.32 0.00
PBIDTM(%) 16.62 12.00 38.49 18.57 12.82 44.90 11.30 11.49 -1.62
Peers
Company Name CMP
AIA Engineering 3920.55
Alicon Castalloy 729.70
Nelcast 118.55
PTC Industries 21791.30
Synergy Green Inds. 639.15
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