MoneyWorks4Me

Nitin Castings - Quaterly Results

30 May 2023 Evaluate
The Revenue for the quarter ended  March 2023 of Rs. 298.98 millions grew by 7.11 % from Rs. 279.14 millions.A big decline of -58.19% was reported for the quarter ended March 2023 to Rs. 6.92  millions from Rs. 16.55 millions of corresponding previous quarter.Operating profit for the quarter ended March 2023 decreased to 20.78 millions as compared to 26.40 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 298.98 279.14 7.11 1333.80 965.14 38.20 1333.80 965.14 38.20
Other Income 2.18 4.40 -50.45 8.02 21.49 -62.68 8.02 21.49 -62.68
PBIDT 20.78 26.40 -21.29 104.34 87.27 19.56 104.34 87.27 19.56
Interest 0.36 0.34 5.88 1.17 2.01 -41.79 1.17 2.01 -41.79
PBDT 20.42 26.06 -21.64 103.17 85.26 21.01 103.17 85.26 21.01
Depreciation 3.98 4.96 -19.76 18.04 20.01 -9.85 18.04 20.01 -9.85
PBT 16.44 21.10 -22.09 85.13 65.25 30.47 85.13 65.25 30.47
TAX 9.52 4.55 109.23 36.21 13.64 165.47 36.21 13.64 165.47
Deferred Tax 4.73 -0.40 -1282.50 14.18 -0.59 -2503.39 14.18 -0.59 -2503.39
PAT 6.92 16.55 -58.19 48.92 51.61 -5.21 48.92 51.61 -5.21
Equity 25.71 25.71 0.00 25.71 25.71 0.00 25.71 25.71 0.00
PBIDTM(%) 6.95 9.46 -26.51 7.82 9.04 -13.49 7.82 9.04 -13.49
Peers
Company Name CMP
AIA Engineering 3973.15
Alicon Castalloy 745.45
Nelcast 107.40
PTC Industries 22396.45
Synergy Green Inds. 684.00
View more..