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SIRCA Paints India - Quaterly Results

16 May 2023 Evaluate
The Sales for the quarter ended March 2023 of Rs. 682.73 millions rose by 26.20% from Rs. 540.98 millions.Net profit surges 53.32% to Rs. 94.86  millions  from Rs. 61.87 millions in the quarter ended March 2023.Operating profit surged to 142.46 millions from the corresponding previous quarter of 102.33 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 682.73 540.98 26.20 2677.49 2000.25 33.86 2677.49 2000.25 33.86
Other Income 11.23 8.20 36.95 48.44 44.01 10.07 48.44 44.01 10.07
PBIDT 142.46 102.33 39.22 665.58 421.59 57.87 665.58 421.59 57.87
Interest 0.02 0.12 -83.33 0.39 0.78 -50.00 0.39 0.78 -50.00
PBDT 142.44 102.21 39.36 665.19 420.81 58.07 665.19 420.81 58.07
Depreciation 12.55 11.58 8.38 44.11 41.27 6.88 44.11 41.27 6.88
PBT 129.89 90.63 43.32 621.08 379.54 63.64 621.08 379.54 63.64
TAX 35.03 28.76 21.80 159.99 102.27 56.44 159.99 102.27 56.44
Deferred Tax -1.26 7.29 -117.28 0.12 6.26 -98.08 0.12 6.26 -98.08
PAT 94.86 61.87 53.32 461.09 277.27 66.30 461.09 277.27 66.30
Equity 274.04 274.04 0.00 274.04 274.04 0.00 274.04 274.04 0.00
PBIDTM(%) 20.87 18.92 10.31 24.86 21.08 17.94 24.86 21.08 17.94
Peers
Company Name CMP
Asian Paints 2545.95
Berger Paints India 476.85
Kansai Nerolac Paint 206.35
JSW Dulux 294.50
Indigo Paints 967.25
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