MoneyWorks4Me

Olectra Greentech - Quaterly Results

05 May 2023 Evaluate
The sales for the March 2023 quarter moved up 37.41% to Rs. 3684.02 millions as compared to Rs. 2680.95 millions during the corresponding quarter last year.The Profit  for the quarter ended March 2023 of  Rs. 278.08  millions  grew by 59.21% from Rs. 174.66 millions.The company reported a good operating profit of 488.17 millions compared to 342.13 millions of corresponding previous quarter.


(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
View more..