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Olectra Greentech - Quaterly Results

05 May 2023 Evaluate
The sales figure stood at Rs. 3684.02 millions for the March 2023 quarter. The mentioned figure indicates a growth of about 37.41% as compared to Rs. 2680.95 millions during the year-ago period.Net profit surges 59.21% to Rs. 278.08  millions  from Rs. 174.66 millions in the quarter ended March 2023.OP of the company witnessed a marginal growth to 488.17 millions from 342.13 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 3684.02 2680.95 37.41 11344.07 5854.31 93.77 11344.07 5854.31 93.77
Other Income 8.31 32.16 -74.16 114.41 78.74 45.30 114.41 78.74 45.30
PBIDT 488.17 342.13 42.69 1486.26 887.36 67.49 1486.26 887.36 67.49
Interest 77.19 42.24 82.74 311.78 92.69 236.37 311.78 92.69 236.37
PBDT 410.98 299.89 37.04 1174.48 769.19 52.69 1174.48 769.19 52.69
Depreciation 66.79 64.73 3.18 263.39 248.53 5.98 263.39 248.53 5.98
PBT 344.19 235.16 46.36 911.09 520.66 74.99 911.09 520.66 74.99
TAX 66.11 60.50 9.27 204.07 163.67 24.68 204.07 163.67 24.68
Deferred Tax 26.13 58.15 -55.06 31.12 188.75 -83.51 31.12 188.75 -83.51
PAT 278.08 174.66 59.21 707.02 356.99 98.05 707.02 356.99 98.05
Equity 328.32 328.32 0.00 328.32 328.32 0.00 328.32 328.32 0.00
PBIDTM(%) 13.25 12.76 3.84 13.10 15.16 -13.56 13.10 15.16 -13.56
Peers
Company Name CMP
Tata Motors 432.95
Ashok Leyland 155.40
Force Motors 17080.00
Olectra Greentech 1171.35
SML Mahindra 6524.65
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