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The sales moved down -66.37% to Rs. 101.41 millions for the March 2023 quarter as compared to Rs. 301.57 millions during the corresponding quarter last year.Net profit was down at Rs. 0.22  millions against Rs. 1.41 millions recorded in the corresponding quarter a year ago.The net profit spiraled down by -84.40%.Operating profit for the quarter ended March 2023 decreased to 0.27 millions as compared to 1.97 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 101.41 301.57 -66.37 391.83 623.88 -37.19 391.83 623.88 -37.19
Other Income 2.07 4.10 -49.51 12.02 13.73 -12.45 12.02 13.73 -12.45
PBIDT 0.27 1.97 -86.29 18.93 9.62 96.78 18.93 9.62 96.78
Interest 0.00 0.51 0.00 0.82 0.60 36.67 0.82 0.60 36.67
PBDT 0.27 1.46 -81.51 18.11 9.02 100.78 18.11 9.02 100.78
Depreciation 0.05 0.05 0.00 0.21 0.18 16.67 0.21 0.18 16.67
PBT 0.22 1.41 -84.40 17.90 8.84 102.49 17.90 8.84 102.49
TAX 0.00 0.00 0.00 4.50 2.22 102.70 4.50 2.22 102.70
Deferred Tax 0.00 0.00 0.00 -0.01 -0.01 0.00 -0.01 -0.01 0.00
PAT 0.22 1.41 -84.40 13.40 6.62 102.42 13.40 6.62 102.42
Equity 533.90 557.21 -4.18 533.90 557.21 -4.18 533.90 557.21 -4.18
PBIDTM(%) 0.27 0.65 -59.24 4.83 1.54 213.31 4.83 1.54 213.31
Peers
Company Name CMP
Bajaj Auto 10417.00
TVS Motor Company 4093.00
Hero MotoCorp 5230.00
Eicher Motors 7280.00
OLA Electric Mobilit 35.01
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