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Mangalam Organics - Quaterly Results

27 May 2023 Evaluate
The sales for the March 2023 quarter moved down to Rs. 943.96 millions as compared to Rs. 1246.71 millions during the year-ago period.A good growth in profit of 38.85% reported to Rs. 22.48  millions over Rs. 16.19 millions of corresponding previous quarter.Operating profit for the quarter ended March 2023 rose to 122.13 millions as compared to 90.43 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 943.96 1246.71 -24.28 4669.74 4909.15 -4.88 4669.74 4909.15 -4.88
Other Income 4.34 3.20 35.62 13.90 14.42 -3.61 13.90 14.42 -3.61
PBIDT 122.13 90.43 35.05 -20.10 926.45 -102.17 -20.10 926.45 -102.17
Interest 29.48 26.89 9.63 126.85 38.86 226.43 126.85 38.86 226.43
PBDT 92.65 63.54 45.81 -146.95 887.59 -116.56 -146.95 887.59 -116.56
Depreciation 44.32 32.68 35.62 166.40 149.13 11.58 166.40 149.13 11.58
PBT 48.33 30.86 56.61 -313.35 738.46 -142.43 -313.35 738.46 -142.43
TAX 25.85 14.67 76.21 -59.30 195.53 -130.33 -59.30 195.53 -130.33
Deferred Tax 10.82 9.67 11.89 -74.33 15.53 -578.62 -74.33 15.53 -578.62
PAT 22.48 16.19 38.85 -254.05 542.93 -146.79 -254.05 542.93 -146.79
Equity 85.64 85.64 0.00 85.64 85.64 0.00 85.64 85.64 0.00
PBIDTM(%) 12.94 7.25 78.37 -0.43 18.87 -102.28 -0.43 18.87 -102.28
Peers
Company Name CMP
Godrej Industries 1098.10
SRF 2525.80
BASF India 3520.80
Pidilite Inds. 1530.00
Tata Chemicals 652.10
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