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Premier Explosives - Quaterly Results

16 May 2023 Evaluate
A decrease in the sales to Rs. 523.21 millions was observed for the quarter ended March 2023. The sales stood at Rs. 604.53 millions during the similar quarter previous year.Profit after tax for the quarter ended March 2023 reported a huge growth of 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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