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Smiths & Founders - Quaterly Results

27 May 2023 Evaluate
The Total revenue for the quarter ended March 2023 of  Rs. 27.17 millions remain, more or less, the same.A radical decline of -99.56% was reported in the net profit of the company for the quarter ended March 2023 to Rs. 0.01  millions from Rs. 2.25 millions.The Operating Profit of the company witnessed a decrease to 1.88 millions from 3.70 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 27.17 27.07 0.37 104.62 110.31 -5.16 104.62 110.31 -5.16
Other Income 0.02 0.19 -89.47 0.15 2.70 -94.44 0.15 2.70 -94.44
PBIDT 1.88 3.70 -49.19 8.00 20.35 -60.69 8.00 20.35 -60.69
Interest 1.28 0.88 45.45 3.15 3.42 -7.89 3.15 3.42 -7.89
PBDT 0.60 2.82 -78.72 4.85 16.93 -71.35 4.85 16.93 -71.35
Depreciation 0.59 0.57 3.51 2.42 2.44 -0.82 2.42 2.44 -0.82
PBT 0.01 2.25 -99.56 2.43 14.49 -83.23 2.43 14.49 -83.23
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.01 2.25 -99.56 2.43 14.49 -83.23 2.43 14.49 -83.23
Equity 102.00 102.00 0.00 102.00 102.00 0.00 102.00 102.00 0.00
PBIDTM(%) 6.92 13.67 -49.38 7.65 18.45 -58.55 7.65 18.45 -58.55
Peers
Company Name CMP
Bharat Forge 2013.15
Ramkrishna Forgings 718.00
MM Forgings 617.50
Happy Forgings 2101.40
Balu Forge Inds. 500.10
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