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Mangal Credit & Fin - Quaterly Results

24 May 2023 Evaluate
The sales for the March 2023 quarter moved up 31.72% to Rs. 65.95 millions as compared to Rs. 50.07 millions during the corresponding quarter last year.A good growth in profit of 34.86% reported to Rs. 21.74  millions over Rs. 16.12 millions of corresponding previous quarter.Operating profit surged to 46.81 millions from the corresponding previous quarter of 33.74 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 65.95 50.07 31.72 211.64 146.16 44.80 211.64 146.16 44.80
Other Income 0.45 0.35 28.57 2.35 2.00 17.50 2.35 2.00 17.50
PBIDT 46.81 33.74 38.74 158.99 108.61 46.39 158.99 108.61 46.39
Interest 16.13 5.88 174.32 43.63 17.79 145.25 43.63 17.79 145.25
PBDT 30.68 27.86 10.12 115.36 90.82 27.02 115.36 90.82 27.02
Depreciation 1.66 1.11 49.55 5.28 4.00 32.00 5.28 4.00 32.00
PBT 29.02 26.75 8.49 110.08 86.82 26.79 110.08 86.82 26.79
TAX 7.28 10.63 -31.51 30.94 26.02 18.91 30.94 26.02 18.91
Deferred Tax -0.49 -1.23 -60.16 -1.52 -1.31 16.03 -1.52 -1.31 16.03
PAT 21.74 16.12 34.86 79.14 60.80 30.16 79.14 60.80 30.16
Equity 193.14 193.14 0.00 193.14 193.14 0.00 193.14 193.14 0.00
PBIDTM(%) 70.98 67.39 5.33 75.12 74.31 1.10 75.12 74.31 1.10
Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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