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Narmada Gelatines - Quaterly Results

16 May 2023 Evaluate
The revenue zoomed 20.85% to Rs. 499.70 millions for the quarter ended March 2023 as compared to Rs. 413.50 millions during the corresponding quarter last year.A good growth in profit of 32.00% reported to Rs. 46.20  millions over Rs. 35.00 millions of corresponding previous quarter.The company reported a good operating profit of 68.70 millions compared to 57.10 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 499.70 413.50 20.85 1911.40 1573.60 21.47 1911.40 1573.60 21.47
Other Income 0.80 5.90 -86.44 22.90 32.00 -28.44 22.90 32.00 -28.44
PBIDT 68.70 57.10 20.32 220.40 175.90 25.30 220.40 175.90 25.30
Interest 1.10 0.00 0.00 3.10 0.80 287.50 3.10 0.80 287.50
PBDT 67.60 57.10 18.39 217.30 175.10 24.10 217.30 175.10 24.10
Depreciation 4.80 8.20 -41.46 19.20 20.80 -7.69 19.20 20.80 -7.69
PBT 62.80 48.90 28.43 198.10 154.30 28.39 198.10 154.30 28.39
TAX 16.60 13.90 19.42 45.30 30.80 47.08 45.30 30.80 47.08
Deferred Tax 1.50 -0.30 -600.00 -15.50 -9.10 70.33 -15.50 -9.10 70.33
PAT 46.20 35.00 32.00 152.80 123.50 23.72 152.80 123.50 23.72
Equity 60.50 60.50 0.00 60.50 60.50 0.00 60.50 60.50 0.00
PBIDTM(%) 13.75 13.81 -0.44 11.53 11.18 3.15 11.53 11.18 3.15
Peers
Company Name CMP
Godrej Industries 997.00
SRF 2453.45
BASF India 3403.60
Pidilite Inds. 1472.20
Tata Chemicals 609.00
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