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Premier Explosives - Quaterly Results

16 May 2023 Evaluate
The sales is pegged at Rs. 523.21 millions for the March 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 604.53 millions during the year-ago period.Profit for the quarter ended March 2023 rises by 98.22% to Rs. 23.35  millions from Rs. 11.78 millions.The company reported a good operating profit of 82.39 millions compared to 55.94 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 523.21 604.53 -13.45 2020.30 1991.28 1.46 2020.30 1991.28 1.46
Other Income 1.31 6.60 -80.15 21.57 18.97 13.71 21.57 18.97 13.71
PBIDT 82.39 55.94 47.28 279.71 241.80 15.68 279.71 241.80 15.68
Interest 28.02 19.95 40.45 91.93 75.08 22.44 91.93 75.08 22.44
PBDT 54.37 35.99 51.07 187.78 166.72 12.63 187.78 166.72 12.63
Depreciation 24.74 22.60 9.47 98.22 93.75 4.77 98.22 93.75 4.77
PBT 29.63 13.39 121.28 89.56 72.97 22.74 89.56 72.97 22.74
TAX 6.28 1.61 290.06 22.72 16.78 35.40 22.72 16.78 35.40
Deferred Tax -0.42 4.23 -109.93 16.02 19.40 -17.42 16.02 19.40 -17.42
PAT 23.35 11.78 98.22 66.84 56.19 18.95 66.84 56.19 18.95
Equity 107.52 107.52 0.00 107.52 107.52 0.00 107.52 107.52 0.00
PBIDTM(%) 15.75 9.25 70.17 13.84 12.14 14.02 13.84 12.14 14.02
Peers
Company Name CMP
Godrej Industries 1065.00
SRF 2459.65
BASF India 3472.50
Pidilite Inds. 1488.60
Tata Chemicals 621.90
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