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Jyoti Resins&Adhesiv - Quaterly Results

17 May 2023 Evaluate
The revenue zoomed 13.25% to Rs. 650.78 millions for the quarter ended March 2023 as compared to Rs. 574.64 millions during the corresponding quarter last year.Profit for the quarter ended March 2023 rises by 69.40% to Rs. 117.24  millions from Rs. 69.21 millions.Operating profit for the quarter ended March 2023 rose to 171.17 millions as compared to 93.33 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 650.78 574.64 13.25 2612.53 1819.55 43.58 2612.53 1819.55 43.58
Other Income 17.52 17.73 -1.18 22.62 34.51 -34.45 22.62 34.51 -34.45
PBIDT 171.17 93.33 83.40 628.88 272.11 131.11 628.88 272.11 131.11
Interest 0.30 0.27 11.11 0.31 0.46 -32.61 0.31 0.46 -32.61
PBDT 170.87 93.06 83.61 628.57 271.65 131.39 628.57 271.65 131.39
Depreciation 3.95 1.90 107.89 14.46 7.07 104.53 14.46 7.07 104.53
PBT 166.92 91.16 83.11 614.11 264.58 132.11 614.11 264.58 132.11
TAX 49.68 21.95 126.33 149.68 66.95 123.57 149.68 66.95 123.57
Deferred Tax 0.36 0.45 -20.00 0.36 0.45 -20.00 0.36 0.45 -20.00
PAT 117.24 69.21 69.40 464.43 197.63 135.00 464.43 197.63 135.00
Equity 120.00 40.00 200.00 120.00 40.00 200.00 120.00 40.00 200.00
PBIDTM(%) 26.30 16.24 61.95 24.07 14.95 60.96 24.07 14.95 60.96
Peers
Company Name CMP
Godrej Industries 1094.55
SRF 2552.00
BASF India 3546.00
Pidilite Inds. 1554.35
Tata Chemicals 662.20
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