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IG Petrochem. - Quaterly Results

18 May 2023 Evaluate
The revenue zoomed 16.97% to Rs. 6049.78 millions for the quarter ended March 2023 as compared to Rs. 5172.06 millions during the corresponding quarter last year.Net profit of the cmpany stood at Rs. 382.16 millions for the quarter ended March 2023 a decline of -48.10% from Rs. 736.38 millions  in the same quarter last year.Operating profit for the quarter ended March 2023 decreased to 695.15 millions as compared to 1151.02 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 6049.78 5172.06 16.97 23523.34 18827.65 24.94 23523.34 18827.65 24.94
Other Income 59.67 18.88 216.05 222.23 91.42 143.09 222.23 91.42 143.09
PBIDT 695.15 1151.02 -39.61 3399.46 4157.45 -18.23 3399.46 4157.45 -18.23
Interest 65.09 35.36 84.08 239.14 128.81 85.65 239.14 128.81 85.65
PBDT 630.06 1115.66 -43.53 3160.32 4028.64 -21.55 3160.32 4028.64 -21.55
Depreciation 122.37 115.09 6.33 474.12 443.49 6.91 474.12 443.49 6.91
PBT 507.69 1000.57 -49.26 2686.20 3585.15 -25.07 2686.20 3585.15 -25.07
TAX 125.53 264.19 -52.48 682.93 917.97 -25.60 682.93 917.97 -25.60
Deferred Tax 18.12 22.12 -18.08 74.93 81.99 -8.61 74.93 81.99 -8.61
PAT 382.16 736.38 -48.10 2003.27 2667.18 -24.89 2003.27 2667.18 -24.89
Equity 307.98 307.98 0.00 307.98 307.98 0.00 307.98 307.98 0.00
PBIDTM(%) 11.49 22.25 -48.37 14.45 22.08 -34.55 14.45 22.08 -34.55
Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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