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GG Automotive Gears - Quaterly Results

18 May 2023 Evaluate
The Sales for the quarter ended March 2023 of Rs. 224.99 millions rose by 46.93% from Rs. 153.13 millions.Net Profit witnessed a 131.45% growth almost the double from Rs. 2.48 millions to Rs. 5.74  millions  of same quarter last year.Operating profit for the quarter ended March 2023 rose to 20.50 millions as compared to 17.30 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 224.99 153.13 46.93 772.76 475.08 62.66 772.76 475.08 62.66
Other Income 2.39 1.40 70.71 3.72 2.02 84.16 3.72 2.02 84.16
PBIDT 20.50 17.30 18.50 80.28 59.88 34.07 80.28 59.88 34.07
Interest 7.65 6.19 23.59 26.26 23.40 12.22 26.26 23.40 12.22
PBDT 12.85 11.11 15.66 54.02 36.48 48.08 54.02 36.48 48.08
Depreciation 10.37 9.02 14.97 35.87 32.31 11.02 35.87 32.31 11.02
PBT 2.48 2.09 18.66 18.15 4.17 335.25 18.15 4.17 335.25
TAX -3.26 -0.39 735.90 -1.26 0.01 -12700.00 -1.26 0.01 -12700.00
Deferred Tax 4.80 -0.64 -850.00 4.80 -0.64 -850.00 4.80 -0.64 -850.00
PAT 5.74 2.48 131.45 19.41 4.16 366.59 19.41 4.16 366.59
Equity 79.19 79.19 0.00 79.19 79.19 0.00 79.19 79.19 0.00
PBIDTM(%) 9.11 11.30 -19.35 10.39 12.60 -17.58 10.39 12.60 -17.58
Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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