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GG Automotive Gears - Quaterly Results

18 May 2023 Evaluate
The sales moved up 46.93% to Rs. 224.99 millions for the March 2023 quarter as compared to Rs. 153.13 millions during the year-ago period.Net Profit for the quarter ended March 2023 zoomed to 131.45% from Rs. 2.48 millions to Rs. 5.74  millions.Operating Profit saw a handsome growth to 20.50 millions from 17.30 millions in the quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 224.99 153.13 46.93 772.76 475.08 62.66 772.76 475.08 62.66
Other Income 2.39 1.40 70.71 3.72 2.02 84.16 3.72 2.02 84.16
PBIDT 20.50 17.30 18.50 80.28 59.88 34.07 80.28 59.88 34.07
Interest 7.65 6.19 23.59 26.26 23.40 12.22 26.26 23.40 12.22
PBDT 12.85 11.11 15.66 54.02 36.48 48.08 54.02 36.48 48.08
Depreciation 10.37 9.02 14.97 35.87 32.31 11.02 35.87 32.31 11.02
PBT 2.48 2.09 18.66 18.15 4.17 335.25 18.15 4.17 335.25
TAX -3.26 -0.39 735.90 -1.26 0.01 -12700.00 -1.26 0.01 -12700.00
Deferred Tax 4.80 -0.64 -850.00 4.80 -0.64 -850.00 4.80 -0.64 -850.00
PAT 5.74 2.48 131.45 19.41 4.16 366.59 19.41 4.16 366.59
Equity 79.19 79.19 0.00 79.19 79.19 0.00 79.19 79.19 0.00
PBIDTM(%) 9.11 11.30 -19.35 10.39 12.60 -17.58 10.39 12.60 -17.58
Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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