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Deep Industries - Quaterly Results

27 May 2023 Evaluate
The company witnessed a 14.95% growth in the revenue at Rs. 877.71 millions for the quarter ended March 2023 as compared to Rs. 763.57 millions during the year-ago period.The company has announced a 31.95% increase in its profits to Rs . 233.61  millions for the  quarter ended March 2023 compared to Rs. 177.04 millions in the corresponding quarter in the previous year.The company reported a good operating profit of 406.12 millions compared to 307.32 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 877.71 763.57 14.95 3011.84 2715.67 10.91 3011.84 2715.67 10.91
Other Income 63.91 26.93 137.32 204.12 103.64 96.95 204.12 103.64 96.95
PBIDT 406.12 307.32 32.15 1358.97 1148.65 18.31 1358.97 1148.65 18.31
Interest 26.48 8.57 208.98 43.84 42.32 3.59 43.84 42.32 3.59
PBDT 379.64 298.75 27.08 1315.13 1106.33 18.87 1315.13 1106.33 18.87
Depreciation 68.89 60.01 14.80 269.53 232.63 15.86 269.53 232.63 15.86
PBT 310.75 238.74 30.16 1045.60 873.70 19.67 1045.60 873.70 19.67
TAX 77.14 61.70 25.02 262.52 180.29 45.61 262.52 180.29 45.61
Deferred Tax 14.80 61.70 -76.01 115.67 180.29 -35.84 115.67 180.29 -35.84
PAT 233.61 177.04 31.95 783.08 693.41 12.93 783.08 693.41 12.93
Equity 320.00 320.00 0.00 320.00 320.00 0.00 320.00 320.00 0.00
PBIDTM(%) 46.27 40.25 14.96 45.12 42.30 6.68 45.12 42.30 6.68
Peers
Company Name CMP
ONGC 225.70
Oil India 449.70
Jindal Drilling&Inds 502.50
Deep Industries 679.10
Asian Energy Service 424.00
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