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Gagan Gases - Quaterly Results

10 Feb 2023 Evaluate
The sales slipped to Rs. 3.69 millions, down -53.29% for the December 2022 quarter as against Rs. 7.90 millions during the year-ago period.Net Profit for the quarter ended December 2022 zoomed to 1329.60% from Rs. 1.25 millions to Rs. 17.87  millions.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 335.00
Linde India 6801.15
IRM Energy 256.65
Steamhouse India 151.10
Nilachal Carbo Metal 104.75
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