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Primo Chemicals - Quaterly Results

26 May 2023 Evaluate
The sales for the March 2023 quarter moved down to Rs. 1478.00 millions as compared to Rs. 1610.72 millions during the year-ago period.The Net Profit of the company slipped to Rs. 174.69 millions from Rs. 421.50 millions, a decline of -58.56% on QoQ basis.A decline of 359.48 millions was observed in the OP in the quarter ended March 2023 from 593.40 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1478.00 1610.72 -8.24 7073.77 4540.68 55.79 7073.77 4540.68 55.79
Other Income 73.64 48.74 51.09 261.63 151.54 72.65 261.63 151.54 72.65
PBIDT 359.48 593.40 -39.42 2185.16 1018.18 114.61 2185.16 1018.18 114.61
Interest 32.05 16.35 96.02 80.71 88.20 -8.49 80.71 88.20 -8.49
PBDT 327.43 577.05 -43.26 2104.45 929.98 126.29 2104.45 929.98 126.29
Depreciation 76.49 45.19 69.26 239.47 174.63 37.13 239.47 174.63 37.13
PBT 250.94 531.86 -52.82 1864.98 755.35 146.90 1864.98 755.35 146.90
TAX 76.25 110.36 -30.91 525.16 188.14 179.13 525.16 188.14 179.13
Deferred Tax 8.01 18.95 -57.73 115.30 48.79 136.32 115.30 48.79 136.32
PAT 174.69 421.50 -58.56 1339.82 567.21 136.21 1339.82 567.21 136.21
Equity 484.69 484.69 0.00 484.69 484.69 0.00 484.69 484.69 0.00
PBIDTM(%) 24.32 36.84 -33.98 30.89 22.42 37.76 30.89 22.42 37.76
Peers
Company Name CMP
SRF 2507.70
BASF India 3692.20
Pidilite Inds. 1569.00
Tata Chemicals 610.30
Aarti Industries 504.45
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