MoneyWorks4Me

Ritesh International - Quaterly Results

25 May 2023 Evaluate
A decrease of about -58.07% in the sales to Rs. 197.65 millions was observed for the quarter ended March 2023. The sales stood at Rs. 471.37 millions during the similar quarter previous year.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
View more..