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Axel Polymers - Quaterly Results

13 Feb 2023 Evaluate
A decent increase of about 40.92% in the sales to Rs. 177.36 millions was observed for the quarter ended December 2022. The sales figure stood at Rs. 125.86 millions during the year-ago period.An average growth of 31.53% was recorded for the quarter ended December 2022 to Rs. 2.67  millions from Rs. 2.03 millions.The company reported a good operating profit of 11.87 millions compared to 10.42 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 177.36 125.86 40.92 580.07 384.64 50.81 729.15 230.41 216.46
Other Income 0.26 0.85 -69.41 1.53 1.17 30.77 5.52 0.14 3842.86
PBIDT 11.87 10.42 13.92 33.73 25.19 33.90 46.64 16.06 190.41
Interest 8.20 7.39 10.96 22.97 15.66 46.68 28.42 11.14 155.12
PBDT 3.67 3.03 21.12 10.76 9.53 12.91 18.22 4.92 270.33
Depreciation 1.00 1.00 0.00 3.00 4.19 -28.40 4.81 3.70 30.00
PBT 2.67 2.03 31.53 7.76 5.34 45.32 13.41 1.22 999.18
TAX 0.00 0.00 0.00 0.00 0.00 0.00 4.26 -0.65 -755.38
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 2.67 2.03 31.53 7.76 5.34 45.32 9.15 1.87 389.30
Equity 85.17 85.17 0.00 85.17 85.17 0.00 85.17 43.00 98.07
PBIDTM(%) 6.69 8.28 -19.16 5.81 6.55 -11.21 6.40 6.97 -8.23
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