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Megastar Foods - Quaterly Results

16 May 2023 Evaluate
The turnover for the March 2023 quarter moved up 52.97% to Rs. 801.39 millions as compared to Rs. 523.90 millions during the year-ago period.Net Profit for the quarter ended March 2023 zoomed to 108.31% from Rs. 16.96 millions to Rs. 35.33  millions.Operating profit for the quarter ended March 2023 rose to 61.61 millions as compared to 33.70 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 801.39 523.90 52.97 2675.29 1848.00 44.77 2675.29 1848.00 44.77
Other Income 3.36 1.18 184.75 4.61 2.36 95.34 4.61 2.36 95.34
PBIDT 61.61 33.70 82.82 211.73 118.38 78.86 211.73 118.38 78.86
Interest 7.25 7.15 1.40 60.52 29.85 102.75 60.52 29.85 102.75
PBDT 54.36 26.55 104.75 151.21 88.53 70.80 151.21 88.53 70.80
Depreciation 6.41 5.38 19.14 21.54 18.54 16.18 21.54 18.54 16.18
PBT 47.95 21.17 126.50 129.67 69.99 85.27 129.67 69.99 85.27
TAX 12.62 4.21 199.76 33.50 17.24 94.32 33.50 17.24 94.32
Deferred Tax 1.69 -0.67 -352.24 2.55 -1.71 -249.12 2.55 -1.71 -249.12
PAT 35.33 16.96 108.31 96.17 52.75 82.31 96.17 52.75 82.31
Equity 100.04 100.04 0.00 100.04 100.04 0.00 100.04 100.04 0.00
PBIDTM(%) 7.69 6.43 19.52 7.91 6.41 23.55 7.91 6.41 23.55
Peers
Company Name CMP
Nestle India 1279.00
Varun Beverages 436.00
Britannia Industries 4790.00
LT Foods 420.10
Hatsun Agro Product 1070.35
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