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Ritesh International - Quaterly Results

02 Feb 2023 Evaluate
The sales for the December 2022 quarter moved down -31.89% to Rs. 246.02 millions as compared to Rs. 361.19 millions during the year ago period.Net Profit for the quarter ended December 2022 dipped to Rs. 0.85  millions from Rs. 6.24 millions  in the corresponding previous quarter.Operating Profit reported a sharp decline to 3.18 millions from 11.24 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 246.02 361.19 -31.89 1068.79 933.29 14.52 1404.66 748.81 87.59
Other Income 0.01 0.15 -93.33 0.50 -0.26 -292.31 0.58 0.15 286.67
PBIDT 3.18 11.24 -71.71 38.09 25.10 51.75 56.87 28.01 103.03
Interest 0.95 1.33 -28.57 3.36 3.45 -2.61 4.67 2.55 83.14
PBDT 2.23 8.71 -74.40 34.46 20.45 68.51 50.30 25.46 97.56
Depreciation 1.38 1.27 8.66 4.03 3.70 8.92 4.92 4.39 12.07
PBT 0.85 7.44 -88.58 30.43 16.75 81.67 45.38 21.07 115.38
TAX 0.00 1.20 0.00 7.50 2.70 177.78 9.70 0.75 1193.33
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.85 6.24 -86.38 22.93 14.05 63.20 35.68 20.32 75.59
Equity 85.53 85.53 0.00 85.53 85.53 0.00 85.53 85.53 0.00
PBIDTM(%) 1.29 3.11 -58.46 3.56 2.69 32.51 4.05 3.74 8.24
Peers
Company Name CMP
Godrej Industries 1099.30
SRF 2546.45
BASF India 3546.55
Pidilite Inds. 1546.40
Tata Chemicals 662.20
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