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Nitta Gelatin India - Quaterly Results

08 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 1295.16 millions, about 9.44% up against Rs. 1183.49 millions recorded during the year-ago period.Net profit surges 59.25% to Rs. 138.34  millions  from Rs. 86.87 millions in the quarter ended March 2023.Operating profit for the quarter ended March 2023 rose to 226.89 millions as compared to 169.06 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1295.16 1183.49 9.44 4867.53 4285.18 13.59 4867.53 4285.18 13.59
Other Income 1.72 4.96 -65.32 53.11 58.01 -8.45 53.11 58.01 -8.45
PBIDT 226.89 169.06 34.21 946.29 558.60 69.40 946.29 558.60 69.40
Interest 2.59 11.28 -77.04 33.53 46.54 -27.95 33.53 46.54 -27.95
PBDT 224.30 157.78 42.16 912.76 512.06 78.25 912.76 512.06 78.25
Depreciation 32.66 33.59 -2.77 131.94 135.95 -2.95 131.94 135.95 -2.95
PBT 191.64 124.19 54.31 780.82 376.11 107.60 780.82 376.11 107.60
TAX 53.30 37.32 42.82 193.19 110.14 75.40 193.19 110.14 75.40
Deferred Tax -17.26 -4.38 294.06 -34.39 -2.26 1421.68 -34.39 -2.26 1421.68
PAT 138.34 86.87 59.25 587.63 265.97 120.94 587.63 265.97 120.94
Equity 90.79 90.79 0.00 90.79 90.79 0.00 90.79 90.79 0.00
PBIDTM(%) 17.52 14.28 22.64 19.44 13.04 49.14 19.44 13.04 49.14
Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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