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Sharda Motor Inds. - Quaterly Results

18 May 2023 Evaluate
The March 2023 quarter revenue stood at Rs. 6881.64 millions, up 11.38% as compared to Rs. 6178.51 millions during the corresponding quarter last year.The company has announced a 31.19% increase in its profits to Rs . 605.47  millions for the  quarter ended March 2023 compared to Rs. 461.51 millions in the corresponding quarter in the previous year.Operating profit for the quarter ended March 2023 rose to 948.24 millions as compared to 718.93 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 6881.64 6178.51 11.38 26999.36 22553.13 19.71 26999.36 22553.13 19.71
Other Income 137.00 76.16 79.88 417.36 295.36 41.31 417.36 295.36 41.31
PBIDT 948.24 718.93 31.90 3234.97 2573.23 25.72 3234.97 2573.23 25.72
Interest 1.60 3.46 -53.76 19.12 14.75 29.63 19.12 14.75 29.63
PBDT 946.64 715.47 32.31 3215.85 2558.48 25.69 3215.85 2558.48 25.69
Depreciation 140.76 110.74 27.11 462.72 406.51 13.83 462.72 406.51 13.83
PBT 805.88 604.73 33.26 2753.13 2151.97 27.94 2753.13 2151.97 27.94
TAX 200.41 143.22 39.93 698.87 537.03 30.14 698.87 537.03 30.14
Deferred Tax -4.55 -2.67 70.41 -18.49 -16.96 9.02 -18.49 -16.96 9.02
PAT 605.47 461.51 31.19 2054.26 1614.94 27.20 2054.26 1614.94 27.20
Equity 59.46 59.46 0.00 59.46 59.46 0.00 59.46 59.46 0.00
PBIDTM(%) 13.78 11.64 18.42 11.98 11.41 5.01 11.98 11.41 5.01
Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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