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Ritesh International - Quaterly Results

25 May 2023 Evaluate
The sales is pegged at Rs. 197.65 millions for the March 2023 quarter. The mentioned figure indicates a decline of about -58.07% as against Rs. 471.37 millions during the year-ago period.The Net Loss for the quarter ended March 2023 is Rs. -17.11 millions as compared to Net Profit of Rs. 21.63 millions of corresponding quarter ended March 2022Operating profit Margin for the quarter ended March 2023 slipped to -10.70% as compared to 31.07% 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 197.65 471.37 -58.07 1266.44 1404.66 -9.84 1266.44 1404.66 -9.84
Other Income 0.54 0.14 285.71 1.03 0.58 77.59 1.03 0.58 77.59
PBIDT -10.70 31.07 -134.44 32.11 56.87 -43.54 32.11 56.87 -43.54
Interest 1.26 1.22 3.28 4.62 4.67 -1.07 4.62 4.67 -1.07
PBDT -16.98 29.85 -156.88 22.20 50.30 -55.86 22.20 50.30 -55.86
Depreciation 0.98 1.22 -19.67 5.01 4.92 1.83 5.01 4.92 1.83
PBT -17.96 28.63 -162.73 17.19 45.38 -62.12 17.19 45.38 -62.12
TAX -0.85 7.00 -112.14 6.65 9.70 -31.44 6.65 9.70 -31.44
Deferred Tax 2.65 0.00 0.00 2.65 0.00 0.00 2.65 0.00 0.00
PAT -17.11 21.63 -179.10 10.54 35.68 -70.46 10.54 35.68 -70.46
Equity 85.53 85.53 0.00 85.53 85.53 0.00 85.53 85.53 0.00
PBIDTM(%) -5.41 6.59 -182.13 2.54 4.05 -37.37 2.54 4.05 -37.37
Peers
Company Name CMP
Godrej Industries 1101.00
SRF 2522.00
BASF India 3522.75
Pidilite Inds. 1519.95
Tata Chemicals 656.40
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