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Prime Industries - Quaterly Results

23 May 2023 Evaluate
The total revenue surged to Rs. 55.26 millions, up 688.30% for the March 2023 quarter as against Rs. 7.01 millions during the year-ago period.The company almost doubled its revenue to Rs. 8.22 millions  from Rs. 0.15 millions in the quarter ended March 2023.Operating profit surged to 8.64 millions from the corresponding previous quarter of 2.46 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 55.26 7.01 688.30 68.34 16.96 302.95 68.34 16.96 302.95
Other Income 8.63 0.00 0.00 8.63 0.00 0.00 8.63 0.00 0.00
PBIDT 8.64 2.46 251.22 17.86 2.59 589.58 17.86 2.59 589.58
Interest 0.38 2.23 -82.96 2.15 4.17 -48.44 2.15 4.17 -48.44
PBDT 8.26 0.23 3491.30 15.71 -1.58 -1094.30 15.71 -1.58 -1094.30
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 8.26 0.23 3491.30 15.71 -1.58 -1094.30 15.71 -1.58 -1094.30
TAX 0.04 0.08 -50.00 0.04 0.08 -50.00 0.04 0.08 -50.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 8.22 0.15 5380.00 15.67 -1.66 -1043.98 15.67 -1.66 -1043.98
Equity 78.63 78.63 0.00 78.63 78.63 0.00 78.63 78.63 0.00
PBIDTM(%) 15.64 35.09 -55.45 26.13 15.27 71.13 26.13 15.27 71.13
Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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