MoneyWorks4Me

Galaxy Bearings - Quaterly Results

27 May 2023 Evaluate
The sales surged to Rs. 430.24 millions, up 25.15% for the March 2023 quarter as against Rs. 343.79 millions during the corresponding quarter previous year.Good  Net Profit growth of 28.68% reported above the corresponding previous quarter figure of Rs. 45.88 millions to Rs. 59.04 millioins.Operating profit surged to 91.14 millions from the corresponding previous quarter of 68.48 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 430.24 343.79 25.15 1186.80 1040.88 14.02 1186.80 1040.88 14.02
Other Income 3.53 8.65 -59.19 27.02 16.10 67.83 27.02 16.10 67.83
PBIDT 91.14 68.48 33.09 236.55 199.73 18.43 236.55 199.73 18.43
Interest 1.68 1.22 37.70 2.82 3.42 -17.54 2.82 3.42 -17.54
PBDT 89.46 67.26 33.01 233.73 196.31 19.06 233.73 196.31 19.06
Depreciation 4.58 4.74 -3.38 17.41 18.04 -3.49 17.41 18.04 -3.49
PBT 84.88 62.52 35.76 216.32 178.27 21.34 216.32 178.27 21.34
TAX 25.84 16.64 55.29 56.86 45.40 25.24 56.86 45.40 25.24
Deferred Tax 2.07 0.35 491.43 1.00 0.41 143.90 1.00 0.41 143.90
PAT 59.04 45.88 28.68 159.46 132.87 20.01 159.46 132.87 20.01
Equity 31.80 31.80 0.00 31.80 31.80 0.00 31.80 31.80 0.00
PBIDTM(%) 21.18 19.92 6.35 19.93 19.19 3.87 19.93 19.19 3.87
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
View more..