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WEP Solutions - Quaterly Results

20 May 2023 Evaluate
The sales is pegged at Rs. 187.95 millions for the March 2023 quarter. The mentioned figure indicates a decline of about -42.52% as against Rs. 326.98 millions during the year-ago period.The company almost doubled its revenue to Rs. 34.55 millions  from Rs. 6.13 millions in the quarter ended March 2023.Operating profit surged to 40.23 millions from the corresponding previous quarter of 34.09 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 187.95 326.98 -42.52 922.03 1108.00 -16.78 922.03 1108.00 -16.78
Other Income 3.63 2.64 37.50 13.93 9.13 52.57 13.93 9.13 52.57
PBIDT 40.23 34.09 18.01 149.12 138.31 7.82 149.12 138.31 7.82
Interest 1.77 2.04 -13.24 8.70 9.68 -10.12 8.70 9.68 -10.12
PBDT 38.46 32.05 20.00 140.42 128.63 9.17 140.42 128.63 9.17
Depreciation 25.15 22.10 13.80 93.87 91.10 3.04 93.87 91.10 3.04
PBT 13.31 9.95 33.77 46.55 37.53 24.03 46.55 37.53 24.03
TAX -21.24 3.82 -656.02 -11.86 11.61 -202.15 -11.86 11.61 -202.15
Deferred Tax 0.78 1.87 -58.29 2.40 -1.11 -316.22 2.40 -1.11 -316.22
PAT 34.55 6.13 463.62 58.41 25.92 125.35 58.41 25.92 125.35
Equity 363.54 362.13 0.39 363.54 362.13 0.39 363.54 362.13 0.39
PBIDTM(%) 21.40 10.43 105.31 16.17 12.48 29.56 16.17 12.48 29.56
Peers
Company Name CMP
TCS 2085.90
Infosys 1019.20
HCL Technologies 1256.00
Wipro 164.80
Tech Mahindra 1555.00
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