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Ganges Securities - Quaterly Results

11 May 2023 Evaluate
The revenue zoomed 7.59% to Rs. 16.73 millions for the quarter ended March 2023 as compared to Rs. 15.55 millions during the corresponding quarter last year.The Profit  for the quarter ended March 2023 of  Rs. 8.96  millions  grew by 56.92% from Rs. 5.71 millions.The company reported a good operating profit of 12.37 millions compared to 10.36 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 16.73 15.55 7.59 136.34 79.08 72.41 136.34 79.08 72.41
Other Income 0.94 0.63 49.21 3.05 13.82 -77.93 3.05 13.82 -77.93
PBIDT 12.37 10.36 19.40 124.23 75.39 64.78 124.23 75.39 64.78
Interest 0.07 0.39 -82.05 1.40 1.57 -10.83 1.40 1.57 -10.83
PBDT 12.30 9.97 23.37 122.83 73.82 66.39 122.83 73.82 66.39
Depreciation 0.16 0.17 -5.88 0.67 0.69 -2.90 0.67 0.69 -2.90
PBT 12.14 9.80 23.88 122.16 73.13 67.04 122.16 73.13 67.04
TAX 3.18 4.09 -22.25 24.37 4.09 495.84 24.37 4.09 495.84
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 8.96 5.71 56.92 97.79 69.04 41.64 97.79 69.04 41.64
Equity 100.04 100.04 0.00 100.04 100.04 0.00 100.04 100.04 0.00
PBIDTM(%) 73.94 66.62 10.98 91.12 95.33 -4.42 91.12 95.33 -4.42
Peers
Company Name CMP
Bajaj Finserv 1769.00
TVS Holdings 12604.30
Cholamandalam Fin. 1401.90
Altius Telecom Infra 175.00
Kama Holdings 2233.20
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