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NG Industries - Quaterly Results

19 May 2023 Evaluate
The sales declined to Rs. 42.00 millions for the March 2023 quarter as compared to Rs. 46.42 millions during the corresponding quarter last year.The Net Profit of the company vaulted to 134.76% to Rs. 11.48  millions from Rs. 4.89 millions in the previous quarter.Operating Profit saw a handsome growth to 14.78 millions from 8.11 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 42.00 46.42 -9.52 187.03 184.21 1.53 187.03 184.21 1.53
Other Income 11.47 1.70 574.71 83.75 16.25 415.38 83.75 16.25 415.38
PBIDT 14.78 8.11 82.24 101.87 39.11 160.47 101.87 39.11 160.47
Interest 0.03 0.06 -50.00 0.13 0.16 -18.75 0.13 0.16 -18.75
PBDT 14.75 8.05 83.23 101.74 38.95 161.21 101.74 38.95 161.21
Depreciation 1.32 1.53 -13.73 5.25 5.78 -9.17 5.25 5.78 -9.17
PBT 13.43 6.52 105.98 96.49 33.17 190.90 96.49 33.17 190.90
TAX 1.95 1.63 19.63 13.33 7.10 87.75 13.33 7.10 87.75
Deferred Tax 0.10 0.09 11.11 0.31 0.39 -20.51 0.31 0.39 -20.51
PAT 11.48 4.89 134.76 83.16 26.07 218.99 83.16 26.07 218.99
Equity 33.51 33.51 0.00 33.51 33.51 0.00 33.51 33.51 0.00
PBIDTM(%) 35.19 17.47 101.42 54.47 21.23 156.54 54.47 21.23 156.54
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