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Rolex Rings - Quaterly Results

07 Feb 2023 Evaluate
The sales surged to Rs. 3083.04 millions, up 27.36% for the December 2022 quarter as against Rs. 2420.78 millions during the corresponding quarter previous year.Handsome Net Profit growth of 77.10% reported above the corresponding previous quarter figure of Rs. 527.90 millions to Rs. 298.08 millions.Operating profit surged to 751.93 millions from the corresponding previous quarter of 527.02 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 3083.04 2420.78 27.36 8847.95 7279.35 21.55 10167.05 6163.32 64.96
Other Income 67.70 6.13 1004.40 190.53 52.96 259.76 114.24 34.25 233.55
PBIDT 751.93 527.02 42.68 2151.82 1682.97 27.86 2403.40 1122.93 114.03
Interest 35.66 22.33 59.70 94.29 150.01 -37.14 204.29 116.99 74.62
PBDT 716.27 504.69 41.92 2057.53 1532.96 34.22 2199.11 1005.94 118.61
Depreciation 67.14 65.57 2.39 195.72 192.33 1.76 255.51 254.09 0.56
PBT 649.13 439.12 47.83 1861.81 1340.63 38.88 1943.60 751.85 158.51
TAX 121.23 141.04 -14.05 344.96 412.47 -16.37 624.81 -117.70 -630.85
Deferred Tax -43.59 -8.66 403.35 -128.46 -42.34 203.40 -41.38 -248.12 -83.32
PAT 527.90 298.08 77.10 1516.85 928.16 63.43 1318.79 869.55 51.66
Equity 272.33 272.33 0.00 272.33 272.33 0.00 272.33 239.81 13.56
PBIDTM(%) 24.39 21.77 12.03 24.32 23.12 5.19 23.64 18.22 29.75
Peers
Company Name CMP
Schaeffler India 3520.00
Timken India 3007.80
SKF India 1472.20
NRB Bearings 466.00
Menon Bearings 321.50
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