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TVS Electronics - Quaterly Results

06 May 2023 Evaluate
Revenue reduced marginally to stand at Rs. 852.40 millions during the quarter ended March 2023. The figure stood at Rs. 884.20 millions during the year-ago period.Net Profit of the company move down -66.37% to Rs. 15.10  millions from Rs. 44.90 millions  in the same quarter last year.Operating Profit reported a sharp decline to 30.30 millions from 82.40 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202203 202103 % Var
Sales 852.40 884.20 -3.60 3534.80 3079.20 14.80 3079.20 2246.00 37.10
Other Income -1.30 4.40 -129.55 15.30 12.30 24.39 12.30 20.60 -40.29
PBIDT 30.30 82.40 -63.23 212.90 276.10 -22.89 276.20 106.10 160.32
Interest 1.70 3.50 -51.43 13.70 9.60 42.71 9.60 19.00 -49.47
PBDT 28.60 83.80 -65.87 199.20 271.40 -26.60 271.50 87.10 211.71
Depreciation 7.30 19.20 -61.98 70.90 63.30 12.01 63.30 77.70 -18.53
PBT 21.30 64.60 -67.03 128.30 208.10 -38.35 208.20 9.40 2114.89
TAX 6.20 19.70 -68.53 33.20 57.20 -41.96 57.20 1.70 3264.71
Deferred Tax -1.90 -4.40 -56.82 -0.30 -5.80 -94.83 -5.80 -2.60 123.08
PAT 15.10 44.90 -66.37 95.10 150.90 -36.98 151.00 7.70 1861.04
Equity 186.50 186.50 0.00 186.50 186.50 0.00 186.50 186.50 0.00
PBIDTM(%) 3.55 9.32 -61.86 6.02 8.97 -32.83 8.97 4.72 89.88
Peers
Company Name CMP
Ivalue Infosolutions 222.75
Control Print 598.30
TVS Electronics 403.00
Schneider Electric 1706.80
NELCO 1010.70
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