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Spacenet Enterprises - Quaterly Results

30 May 2023 Evaluate
The company witnessed a 12.19% growth in the revenue at Rs. 258.76 millions for the quarter ended March 2023 as compared to Rs. 230.64 millions during the year-ago period.The Company has registered profit of Rs. 11.51  millions for the quarter ended March 2023, a growth of 20.90%  over Rs. 9.52 millions millions achieved in the corresponding quarter of last year.Operating profit surged to 13.61 millions from the corresponding previous quarter of 11.21 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 258.76 230.64 12.19 1421.11 400.50 254.83 1421.11 400.50 254.83
Other Income 0.33 3.82 -91.36 4.17 4.90 -14.90 4.17 4.90 -14.90
PBIDT 13.61 11.21 21.41 32.17 10.22 214.77 32.17 10.22 214.77
Interest 1.56 0.11 1318.18 3.19 0.18 1672.22 3.19 0.18 1672.22
PBDT 12.05 11.10 8.56 28.98 10.04 188.65 28.98 10.04 188.65
Depreciation 0.54 0.37 45.95 1.93 1.22 58.20 1.93 1.22 58.20
PBT 11.51 10.73 7.27 27.05 8.82 206.69 27.05 8.82 206.69
TAX 0.00 1.21 0.00 -1.08 1.21 -189.26 -1.08 1.21 -189.26
Deferred Tax 0.00 -0.17 0.00 0.00 -0.17 0.00 0.00 -0.17 0.00
PAT 11.51 9.52 20.90 28.13 7.61 269.65 28.13 7.61 269.65
Equity 533.67 530.36 0.62 533.67 530.36 0.62 533.67 530.36 0.62
PBIDTM(%) 5.26 4.86 8.22 2.26 2.55 -11.29 2.26 2.55 -11.29
Peers
Company Name CMP
Redington 228.00
Adani Enterprises 2205.00
Amrapali Industries 17.35
Rashi Peripheral 456.80
PDS 300.40
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