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Wheels India - Quaterly Results

18 May 2023 Evaluate
The company witnessed a 6.17% growth in the revenue at Rs. 11692.40 millions for the quarter ended March 2023 as compared to Rs. 11013.30 millions during the year-ago period.The Company's Net profit for the March 2023 quarter have declined marginally to Rs. 248.30  millions as against Rs. 278.60 millions reported during the corresponding quarter ended.A decline of 755.00 millions was observed in the OP in the quarter ended March 2023 from 789.20 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 11692.40 11013.30 6.17 43321.10 36866.90 17.51 43321.10 36866.90 17.51
Other Income 38.20 67.30 -43.24 234.50 143.80 63.07 234.50 143.80 63.07
PBIDT 755.00 789.20 -4.33 2438.40 2646.30 -7.86 2438.40 2646.30 -7.86
Interest 264.60 176.80 49.66 921.00 631.00 45.96 921.00 631.00 45.96
PBDT 490.40 612.40 -19.92 1517.40 2015.30 -24.71 1517.40 2015.30 -24.71
Depreciation 171.30 240.90 -28.89 662.20 950.20 -30.31 662.20 950.20 -30.31
PBT 319.10 371.50 -14.10 855.20 1065.10 -19.71 855.20 1065.10 -19.71
TAX 70.80 92.90 -23.79 203.50 267.20 -23.84 203.50 267.20 -23.84
Deferred Tax 22.40 17.80 25.84 79.10 -3.60 -2297.22 79.10 -3.60 -2297.22
PAT 248.30 278.60 -10.88 651.70 797.90 -18.32 651.70 797.90 -18.32
Equity 240.60 240.60 0.00 240.60 240.60 0.00 240.60 240.60 0.00
PBIDTM(%) 6.46 7.17 -9.89 5.63 7.18 -21.58 5.63 7.18 -21.58
Peers
Company Name CMP
SamvardhanaMotherson 163.65
Tube Investments 2588.85
Bosch 47904.00
UNO Minda 1225.65
Bombay Burmah Trdg. 1462.50
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