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JK Tyres & Inds. - Quaterly Results

17 May 2023 Evaluate
The company witnessed a 10.63% growth in the revenue at Rs. 23928.20 millions for the quarter ended March 2023 as compared to Rs. 21628.80 millions during the year-ago period.The Net Profit of the company vaulted to 157.44% to Rs. 673.20  millions from Rs. 261.50 millions in the previous quarter.Operating Profit saw a handsome growth to 2312.00 millions from 1401.90 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 23928.20 21628.80 10.63 96179.20 80320.60 19.74 96179.20 80320.60 19.74
Other Income 110.80 70.90 56.28 315.20 302.00 4.37 315.20 302.00 4.37
PBIDT 2312.00 1401.90 64.92 8063.30 7307.00 10.35 8063.30 7307.00 10.35
Interest 729.20 569.70 28.00 2575.10 2296.10 12.15 2575.10 2296.10 12.15
PBDT 1609.10 860.80 86.93 5126.50 5050.40 1.51 5126.50 5050.40 1.51
Depreciation 627.10 584.70 7.25 2425.80 2407.40 0.76 2425.80 2407.40 0.76
PBT 982.00 276.10 255.67 2700.70 2643.00 2.18 2700.70 2643.00 2.18
TAX 308.80 14.60 2015.07 863.00 812.60 6.20 863.00 812.60 6.20
Deferred Tax 191.30 -65.00 -394.31 138.90 -151.50 -191.68 138.90 -151.50 -191.68
PAT 673.20 261.50 157.44 1837.70 1830.40 0.40 1837.70 1830.40 0.40
Equity 492.50 492.50 0.00 492.50 492.50 0.00 492.50 492.50 0.00
PBIDTM(%) 9.66 6.48 49.07 8.38 9.10 -7.85 8.38 9.10 -7.85
Peers
Company Name CMP
MRF 123112.45
Apollo Tyres 407.50
JK Tyres & Inds. 333.35
Ceat 3302.40
Balkrishna Inds. 2007.05
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