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Shriram Pistons & Rings - Quaterly Results

08 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 6967.10 millions, about 18.64% up against Rs. 5872.60 millions recorded during the year-ago period.Handsome Net Profit growth of 83.80% reported above the corresponding previous quarter figure of Rs. 925.80 millions to Rs. 503.70 millions.OP of the company witnessed a marginal growth to 1534.10 millions from 949.20 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 6967.10 5872.60 18.64 26050.30 20646.70 26.17 26050.30 20646.70 26.17
Other Income 160.90 101.80 58.06 462.30 292.10 58.27 462.30 292.10 58.27
PBIDT 1534.10 949.20 61.62 5097.20 3336.80 52.76 5097.20 3336.80 52.76
Interest 63.80 22.50 183.56 194.40 114.20 70.23 194.40 114.20 70.23
PBDT 1470.30 926.70 58.66 4902.80 3222.60 52.14 4902.80 3222.60 52.14
Depreciation 224.70 250.30 -10.23 933.40 1020.50 -8.54 933.40 1020.50 -8.54
PBT 1245.60 676.40 84.15 3969.40 2202.10 80.26 3969.40 2202.10 80.26
TAX 319.80 172.70 85.18 1013.60 566.40 78.95 1013.60 566.40 78.95
Deferred Tax -40.60 8.10 -601.23 -32.30 -38.10 -15.22 -32.30 -38.10 -15.22
PAT 925.80 503.70 83.80 2955.80 1635.70 80.71 2955.80 1635.70 80.71
Equity 220.20 220.20 0.00 220.20 220.20 0.00 220.20 220.20 0.00
PBIDTM(%) 22.02 16.16 36.23 19.57 16.16 21.07 19.57 16.16 21.07
Peers
Company Name CMP
SamvardhanaMotherson 164.30
Tube Investments 2607.25
Bosch 48388.75
UNO Minda 1202.40
Bombay Burmah Trdg. 1423.10
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