MoneyWorks4Me

Hi-Tech Gears - Quaterly Results

27 May 2023 Evaluate
The Total revenue for the quarter ended March 2023 of  Rs. 1884.90 millions remain, more or less, the same.The Net proft of the company remain more or less same to Rs. 127.78  millions from Rs. 136.88 millions ,decline by -6.65%.The company reported a degrowth in operating Profit to 265.16 millions from 310.34 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 1884.90 1846.51 2.08 7818.14 6446.01 21.29 7818.14 6446.01 21.29
Other Income 16.65 24.54 -32.15 87.91 71.48 22.99 87.91 71.48 22.99
PBIDT 265.16 310.34 -14.56 1180.88 1019.44 15.84 1180.88 1019.44 15.84
Interest 44.11 42.46 3.89 170.83 179.20 -4.67 170.83 179.20 -4.67
PBDT 221.05 267.88 -17.48 1010.05 840.24 20.21 1010.05 840.24 20.21
Depreciation 83.73 81.96 2.16 316.10 303.61 4.11 316.10 303.61 4.11
PBT 137.32 185.92 -26.14 693.95 536.63 29.32 693.95 536.63 29.32
TAX 9.54 49.04 -80.55 190.55 151.44 25.83 190.55 151.44 25.83
Deferred Tax -13.25 -4.29 208.86 -6.36 4.87 -230.60 -6.36 4.87 -230.60
PAT 127.78 136.88 -6.65 503.40 385.19 30.69 503.40 385.19 30.69
Equity 187.68 187.68 0.00 187.68 187.68 0.00 187.68 187.68 0.00
PBIDTM(%) 14.07 16.81 -16.30 15.10 15.82 -4.49 15.10 15.82 -4.49
Peers
Company Name CMP
SamvardhanaMotherson 164.30
Tube Investments 2607.25
Bosch 48388.75
UNO Minda 1202.40
Bombay Burmah Trdg. 1423.10
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