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Magna ElectroCasting - Quaterly Results

31 Jan 2023 Evaluate
The revenue declined to Rs. 386.30 millions for the quarter ended December 2022 as compared to Rs. 406.13 millions during the corresponding quarter last year.The Profit  for the quarter ended December 2022 of  Rs. 38.14  millions  grew by 57.86% from Rs. 24.16 millions.Operating profit for the quarter ended December 2022 rose to 64.19 millions as compared to 48.73 millions of corresponding quarter ended December 2021.


(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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