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Aveer Foods - Quaterly Results

24 May 2023 Evaluate
The total revenue for the quarter ended March 2023 remained nearly unchanged at Rs. 240.97 millions.The Total Profit for the quarter ended March 2023 of Rs. 11.40 millions grew from Rs.-10.11 millions Operating profit Margin for the quarter ended March 2023 improved to 16.73% as compared to -7.07% 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 240.97 232.11 3.82 976.00 791.78 23.27 976.00 791.78 23.27
Other Income 0.17 0.02 750.00 0.37 0.05 640.00 0.37 0.05 640.00
PBIDT 16.73 -7.07 -336.63 34.69 -35.16 -198.66 34.69 -35.16 -198.66
Interest 1.77 0.18 883.33 11.22 5.03 123.06 11.22 5.03 123.06
PBDT 14.96 -7.25 -306.34 23.47 -40.19 -158.40 23.47 -40.19 -158.40
Depreciation 3.56 2.86 24.48 13.24 9.57 38.35 13.24 9.57 38.35
PBT 11.40 -10.11 -212.76 10.23 -49.76 -120.56 10.23 -49.76 -120.56
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 11.40 -10.11 -212.76 10.23 -49.76 -120.56 10.23 -49.76 -120.56
Equity 40.28 40.28 0.00 40.28 40.28 0.00 40.28 40.28 0.00
PBIDTM(%) 6.94 -3.05 -327.93 3.55 -4.44 -180.04 3.55 -4.44 -180.04
Peers
Company Name CMP
Nestle India 1384.00
Varun Beverages 416.25
Britannia Industries 4970.00
LT Foods 437.85
Hatsun Agro Product 1222.80
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