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Eco Recycling - Quaterly Results

30 May 2023 Evaluate
A minor change in the total revenue was seen in the March 2023 quarter. The total revenue for the quarter stood at Rs. 50.40 millions against Rs. 49.80 millions during year ago period.The Net Loss for the quarter ended March 2023 is Rs. -37.10 millions as compared to Net Profit of Rs. 6.20 millions of corresponding quarter ended March 2022Operating profit Margin for the quarter ended March 2023 slipped to -31.10% as compared to 22.50% 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 50.40 49.80 1.20 177.30 151.00 17.42 177.30 151.00 17.42
Other Income -2.40 11.80 -120.34 37.00 118.40 -68.75 37.00 118.40 -68.75
PBIDT -31.10 22.50 -238.22 76.20 144.80 -47.38 76.20 144.80 -47.38
Interest 0.30 0.00 0.00 1.50 0.00 0.00 1.50 0.00 0.00
PBDT -31.40 22.50 -239.56 74.70 144.80 -48.41 74.70 144.80 -48.41
Depreciation 2.00 1.20 66.67 9.30 4.70 97.87 9.30 4.70 97.87
PBT -33.40 21.30 -256.81 65.40 140.10 -53.32 65.40 140.10 -53.32
TAX 3.70 15.10 -75.50 3.70 15.20 -75.66 3.70 15.20 -75.66
Deferred Tax -8.00 0.40 -2100.00 -8.00 0.40 -2100.00 -8.00 0.40 -2100.00
PAT -37.10 6.20 -698.39 61.70 124.90 -50.60 61.70 124.90 -50.60
Equity 193.00 192.97 0.02 193.00 192.97 0.02 193.00 192.97 0.02
PBIDTM(%) -61.71 45.18 -236.58 42.98 95.89 -55.18 42.98 95.89 -55.18
Peers
Company Name CMP
VA Tech Wabag 2035.50
ION Exchage 419.25
Refex Industries 283.20
Antony WasteHandling 380.25
Race Eco Chain 115.35
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