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The revenue slipped marginally during the March 2023 quarter. A decline of about Rs. 248.26 millions was observed as compared to Rs. 258.35 millions during the corresponding quarter last year.Handsome Net Profit growth of 61.73% reported above the corresponding previous quarter figure of Rs. 17.24 millions to Rs. 10.66 millions.The company reported a good operating profit of 34.48 millions compared to 29.19 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 248.26 258.35 -3.91 1073.60 851.35 26.11 1073.60 851.35 26.11
Other Income 1.61 -0.34 -573.53 3.12 1.24 151.61 3.12 1.24 151.61
PBIDT 34.48 29.19 18.12 124.78 88.95 40.28 124.78 88.95 40.28
Interest 11.40 10.65 7.04 38.92 36.68 6.11 38.92 36.68 6.11
PBDT 22.95 18.51 23.99 85.47 52.35 63.27 85.47 52.35 63.27
Depreciation 2.09 1.57 33.12 7.77 7.50 3.60 7.77 7.50 3.60
PBT 20.86 16.94 23.14 77.70 44.85 73.24 77.70 44.85 73.24
TAX 3.62 6.28 -42.36 19.54 13.44 45.39 19.54 13.44 45.39
Deferred Tax -0.58 -0.12 383.33 0.12 -0.07 -271.43 0.12 -0.07 -271.43
PAT 17.24 10.66 61.73 58.16 31.41 85.16 58.16 31.41 85.16
Equity 190.85 190.85 0.00 190.85 190.85 0.00 190.85 190.85 0.00
PBIDTM(%) 11.89 9.62 23.58 9.96 8.89 11.97 9.96 8.89 11.97
Peers
Company Name CMP
Polycab India 8250.00
KEI Industries 4570.00
RR Kabel Ltd. 2424.55
Finolex Cables 1423.25
Precision Wire India 463.20
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