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Ganges Securities - Quaterly Results

11 May 2023 Evaluate
The Revenue for the quarter ended  March 2023 of Rs. 16.73 millions grew by 7.59 % from Rs. 15.55 millions.Net profit surges 56.92% to Rs. 8.96  millions  from Rs. 5.71 millions in the quarter ended March 2023.Operating profit for the quarter ended March 2023 rose to 12.37 millions as compared to 10.36 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 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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