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Rolex Rings - Quaterly Results

25 May 2023 Evaluate
The quarter ended March 2023 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 2994.84 millions.Net profit stood at Rs. 464.07  millions  compared to Rs. 390.63 millions in the corresponding previous quarter,high by 18.80%.Operating profit for the quarter ended March 2023 decreased to 648.35 millions as compared to 720.43 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 2994.84 2876.33 4.12 11789.53 10102.31 16.70 11789.53 10102.31 16.70
Other Income 2.48 61.28 -95.95 193.01 114.24 68.95 193.01 114.24 68.95
PBIDT 648.35 720.43 -10.01 2800.17 2403.40 16.51 2800.17 2403.40 16.51
Interest 4.03 54.28 -92.58 98.32 204.29 -51.87 98.32 204.29 -51.87
PBDT 644.32 666.15 -3.28 2701.85 2199.11 22.86 2701.85 2199.11 22.86
Depreciation 73.47 63.18 16.29 269.19 255.51 5.35 269.19 255.51 5.35
PBT 570.85 602.97 -5.33 2432.66 1943.60 25.16 2432.66 1943.60 25.16
TAX 106.78 212.34 -49.71 451.74 624.81 -27.70 451.74 624.81 -27.70
Deferred Tax -34.59 0.96 -3703.13 -163.05 -41.38 294.03 -163.05 -41.38 294.03
PAT 464.07 390.63 18.80 1980.92 1318.79 50.21 1980.92 1318.79 50.21
Equity 272.33 272.33 0.00 272.33 272.33 0.00 272.33 272.33 0.00
PBIDTM(%) 21.65 25.05 -13.57 23.75 23.79 -0.17 23.75 23.79 -0.17
Peers
Company Name CMP
Schaeffler India 4075.30
Timken India 3294.05
SKF India 1542.25
NRB Bearings 538.80
Menon Bearings 305.80
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