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India Nipon Electric - Quaterly Results

26 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 1579.70 millions, about 5.86% up against Rs. 1492.30 millions recorded during the year-ago period.Net profit declined -28.68% to Rs. 63.40 millions from Rs. 88.90 millions.The company reported a good operating profit of 201.00 millions compared to 166.80 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 1579.70 1492.30 5.86 6562.50 5662.70 15.89 6562.50 5662.70 15.89
Other Income 52.00 36.70 41.69 401.70 140.50 185.91 401.70 140.50 185.91
PBIDT 201.00 166.80 20.50 931.30 648.90 43.52 931.30 648.90 43.52
Interest 0.90 1.10 -18.18 4.20 4.90 -14.29 4.20 4.90 -14.29
PBDT 119.80 165.70 -27.70 846.80 644.00 31.49 846.80 644.00 31.49
Depreciation 38.10 36.50 4.38 146.20 128.50 13.77 146.20 128.50 13.77
PBT 81.70 129.20 -36.76 700.60 515.50 35.91 700.60 515.50 35.91
TAX 18.30 40.30 -54.59 121.90 112.90 7.97 121.90 112.90 7.97
Deferred Tax 3.00 61.40 -95.11 6.30 54.70 -88.48 6.30 54.70 -88.48
PAT 63.40 88.90 -28.68 578.70 402.60 43.74 578.70 402.60 43.74
Equity 113.10 113.10 0.00 113.10 113.10 0.00 113.10 113.10 0.00
PBIDTM(%) 12.72 11.18 13.84 14.19 11.46 23.84 14.19 11.46 23.84
Peers
Company Name CMP
SamvardhanaMotherson 162.35
Tube Investments 2537.30
Bosch 48100.00
UNO Minda 1221.00
Bombay Burmah Trdg. 1428.90
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