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Cochin Minerals&Ruti - Quaterly Results

25 May 2023 Evaluate
The sales for the March 2023 quarter moved up 41.46% to Rs. 1078.25 millions as compared to Rs. 762.23 millions during the corresponding quarter last year.Net profit for the quarter ended March 2023 increased significantly by 71.41% to Rs. 129.98 millions from Rs. 75.83 millions.Operating Profit saw a handsome growth to 210.75 millions from 93.71 millions in the quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1078.25 762.23 41.46 4439.13 2897.61 53.20 4439.13 2897.61 53.20
Other Income 20.39 2.35 767.66 38.72 4.36 788.07 38.72 4.36 788.07
PBIDT 210.75 93.71 124.90 756.12 87.50 764.14 756.12 87.50 764.14
Interest 3.05 0.09 3288.89 13.08 1.72 660.47 13.08 1.72 660.47
PBDT 207.70 93.62 121.85 743.04 85.78 766.22 743.04 85.78 766.22
Depreciation 2.60 2.78 -6.47 9.37 10.28 -8.85 9.37 10.28 -8.85
PBT 205.10 90.84 125.78 733.67 75.50 871.75 733.67 75.50 871.75
TAX 75.12 15.01 400.47 169.41 13.40 1164.25 169.41 13.40 1164.25
Deferred Tax -0.94 2.39 -139.33 0.65 0.78 -16.67 0.65 0.78 -16.67
PAT 129.98 75.83 71.41 564.26 62.10 808.63 564.26 62.10 808.63
Equity 78.30 78.30 0.00 78.30 78.30 0.00 78.30 78.30 0.00
PBIDTM(%) 19.55 12.29 58.98 17.03 3.02 464.07 17.03 3.02 464.07
Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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