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Indo Borax & Chem. - Quaterly Results

13 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 559.43 millions, about 14.74% up against Rs. 487.58 millions recorded during the year-ago period.Profit saw a slight increase of 19.64%to Rs. 125.22  millions from Rs. 104.66 millions.OP of the company witnessed a marginal growth to 176.19 millions from 141.56 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 559.43 487.58 14.74 2149.69 1754.19 22.55 2149.69 1754.19 22.55
Other Income 22.17 7.82 183.50 67.92 31.80 113.58 67.92 31.80 113.58
PBIDT 176.19 141.56 24.46 687.07 509.34 34.89 687.07 509.34 34.89
Interest 0.01 0.04 -75.00 0.92 0.08 1050.00 0.92 0.08 1050.00
PBDT 176.18 141.52 24.49 701.03 509.26 37.66 701.03 509.26 37.66
Depreciation 6.07 2.57 136.19 15.56 10.38 49.90 15.56 10.38 49.90
PBT 170.11 138.95 22.43 685.47 498.88 37.40 685.47 498.88 37.40
TAX 44.89 34.29 30.91 181.52 135.92 33.55 181.52 135.92 33.55
Deferred Tax 0.56 -0.32 -275.00 2.92 1.83 59.56 2.92 1.83 59.56
PAT 125.22 104.66 19.64 503.95 362.96 38.84 503.95 362.96 38.84
Equity 32.09 32.09 0.00 32.09 32.09 0.00 32.09 32.09 0.00
PBIDTM(%) 31.49 29.03 8.48 31.96 29.04 10.08 31.96 29.04 10.08
Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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