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Plastiblends India - Quaterly Results

03 May 2023 Evaluate
Net sales declined -9.54%  to  Rs. 1979.70 million from Rs. 2188.39 millions.The Company's Net profit for the March 2023 quarter have declined marginally to Rs. 86.90  millions as against Rs. 123.77 millions reported during the corresponding quarter ended.The Operating Profit of the company witnessed a decrease to 164.96 millions from 202.40 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1979.70 2188.39 -9.54 7685.15 7176.33 7.09 7685.15 7176.33 7.09
Other Income -12.98 22.15 -158.60 52.10 59.39 -12.27 52.10 59.39 -12.27
PBIDT 164.96 202.40 -18.50 550.38 681.69 -19.26 550.38 681.69 -19.26
Interest 3.02 8.78 -65.60 21.16 30.98 -31.70 21.16 30.98 -31.70
PBDT 161.94 193.62 -16.36 529.22 650.71 -18.67 529.22 650.71 -18.67
Depreciation 40.61 38.99 4.15 164.35 160.92 2.13 164.35 160.92 2.13
PBT 121.33 154.63 -21.54 364.87 489.79 -25.50 364.87 489.79 -25.50
TAX 34.43 30.86 11.57 96.36 122.79 -21.52 96.36 122.79 -21.52
Deferred Tax 0.33 -2.39 -113.81 -1.29 -4.56 -71.71 -1.29 -4.56 -71.71
PAT 86.90 123.77 -29.79 268.51 367.00 -26.84 268.51 367.00 -26.84
Equity 129.95 129.95 0.00 129.95 129.95 0.00 129.95 129.95 0.00
PBIDTM(%) 8.33 9.25 -9.91 7.16 9.50 -24.61 7.16 9.50 -24.61
Peers
Company Name CMP
Godrej Industries 1002.95
SRF 2490.00
BASF India 3347.15
Pidilite Inds. 1463.95
Tata Chemicals 592.50
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