MoneyWorks4Me

Hi-Tech Pipes - Quaterly Results

27 May 2023 Evaluate
The revenue zoomed 14.22% to Rs. 5528.95 millions for the quarter ended March 2023 as compared to Rs. 4840.79 millions during the corresponding quarter last year.Net Profit recorded in the quarter ended March 2023 rise to 49.43% to Rs. 136.52  millions  compared to R. 91.36 millions in corresponding previous quarter.Operating profit for the quarter ended March 2023 rose to 282.91 millions as compared to 245.92 millions 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 5528.95 4840.79 14.22 18605.50 15118.89 23.06 18605.50 15118.89 23.06
Other Income 1.37 7.04 -80.54 19.78 9.37 111.10 19.78 9.37 111.10
PBIDT 282.91 245.92 15.04 808.63 750.29 7.78 808.63 750.29 7.78
Interest 61.20 98.91 -38.13 253.17 269.07 -5.91 253.17 269.07 -5.91
PBDT 221.71 147.01 50.81 490.31 481.22 1.89 490.31 481.22 1.89
Depreciation 47.97 18.54 158.74 112.81 72.04 56.59 112.81 72.04 56.59
PBT 173.74 128.47 35.24 377.50 409.18 -7.74 377.50 409.18 -7.74
TAX 37.22 37.11 0.30 88.50 110.47 -19.89 88.50 110.47 -19.89
Deferred Tax 5.42 -4.75 -214.11 18.32 23.64 -22.50 18.32 23.64 -22.50
PAT 136.52 91.36 49.43 289.00 298.71 -3.25 289.00 298.71 -3.25
Equity 127.81 122.71 4.16 127.81 122.71 4.16 127.81 122.71 4.16
PBIDTM(%) 5.12 5.08 0.72 4.35 4.96 -12.42 4.35 4.96 -12.42
Peers
Company Name CMP
JSW Steel 1297.95
Tata Steel 190.75
Steel Authority 185.60
Jindal Stainless 758.40
APL Apollo Tubes 2194.30
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