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Gagan Gases - Quaterly Results

10 Feb 2023 Evaluate
A decrease of about -53.29% in the sales to Rs. 3.69 millions was observed for the quarter ended December 2022. The sales stood at Rs. 7.90 millions during the similar quarter previous year.The company almost doubled its revenue to Rs. 17.87 millions  from Rs. 1.25 millions in the quarter ended December 2022.Operating profit surged to 23.14 millions from the corresponding previous quarter of 1.43 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 3.69 7.90 -53.29 18.68 21.32 -12.38 28.99 21.74 33.35
Other Income 23.10 0.00 0.00 23.10 0.00 0.00 0.09 0.18 -50.00
PBIDT 23.14 1.43 1518.18 24.96 2.66 838.35 3.97 2.99 32.78
Interest 0.00 0.00 0.00 0.07 0.00 0.00 0.55 0.67 -17.91
PBDT 23.14 1.43 1518.18 24.89 2.66 835.71 3.42 2.32 47.41
Depreciation 0.18 0.18 0.00 0.54 0.56 -3.57 0.73 0.73 0.00
PBT 22.96 1.25 1736.80 24.35 2.10 1059.52 2.69 1.59 69.18
TAX 5.09 0.00 0.00 5.49 0.00 0.00 2.12 1.28 65.63
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 1.25 1.01 23.76
PAT 17.87 1.25 1329.60 18.86 2.10 798.10 0.57 0.31 83.87
Equity 45.18 45.18 0.00 45.19 45.19 0.00 45.19 45.19 0.00
PBIDTM(%) 627.10 18.10 3364.39 133.62 12.48 970.96 13.69 13.75 -0.43
Peers
Company Name CMP
Petronet LNG 290.00
Linde India 5903.15
IRM Energy 242.00
Steamhouse India 129.00
Nilachal Carbo Metal 108.00
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