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Cressanda Solutions - Quaterly Results

31 May 2023 Evaluate
An increase of about 29388.10% to Rs. 123.85 millions in the total revenue was observed for the quarter ended March 2023. The total revenue was pegged at Rs. 0.42 millions during the similar quarter previous year.Net Profit witnessed a 869.95% growth almost the double from Rs. 2.13 millions to Rs. 20.66  millions  of same quarter last year. Operating profit Margin for the quarter ended March 2023 improved to 35.91% as compared to -0.58% 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 123.85 0.42 29388.10 751.31 1.85 40511.35 751.31 1.85 40511.35
Other Income 42.31 0.00 0.00 42.35 0.60 6958.33 42.35 0.60 6958.33
PBIDT 35.91 -0.58 -6291.38 58.13 -0.04 -145425.00 58.13 -0.04 -145425.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 35.91 2.13 1585.92 71.38 2.67 2573.41 71.38 2.67 2573.41
Depreciation 0.00 0.00 0.00 0.01 0.00 0.00 0.01 0.00 0.00
PBT 35.91 2.13 1585.92 71.37 2.67 2573.03 71.37 2.67 2573.03
TAX 15.25 0.00 0.00 17.75 0.00 0.00 17.75 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.25 0.00 0.00 0.25 0.00 0.00
PAT 20.66 2.13 869.95 53.62 2.67 1908.24 53.62 2.67 1908.24
Equity 398.50 303.58 31.27 398.50 303.58 31.27 398.50 303.58 31.27
PBIDTM(%) 28.99 -138.10 -121.00 7.74 -2.16 -457.83 7.74 -2.16 -457.83
Peers
Company Name CMP
TCS 2079.30
Infosys 1035.00
HCL Technologies 1246.00
Wipro 159.50
Tech Mahindra 1539.00
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