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Spectrum Foods - Quaterly Results

10 Jul 2023 Evaluate
A decent increase of about 30.07% in the sales to Rs. 53.34 millions was observed for the quarter ended June 2023. The sales figure stood at Rs. 41.01 millions during the year-ago period.Net Profit recorded in the quarter ended June 2023 rise to 33.12% to Rs. 24.68  millions  compared to R. 18.54 millions in corresponding previous quarter.Operating profit surged to 27.15 millions from the corresponding previous quarter of 22.78 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 53.34 41.01 30.07 53.34 41.01 30.07 157.06 161.68 -2.86
Other Income 0.12 0.01 1100.00 0.12 0.01 1100.00 1.16 1.93 -39.90
PBIDT 27.15 22.78 19.18 27.15 22.78 19.18 22.65 17.06 32.77
Interest 0.00 1.40 0.00 0.00 1.40 0.00 3.95 6.61 -40.24
PBDT 27.15 21.38 26.99 27.15 21.38 26.99 18.70 10.45 78.95
Depreciation 2.47 2.84 -13.03 2.47 2.84 -13.03 11.45 12.83 -10.76
PBT 24.68 18.54 33.12 24.68 18.54 33.12 7.25 -2.38 -404.62
TAX 0.00 0.00 0.00 0.00 0.00 0.00 2.58 0.16 1512.50
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 24.68 18.54 33.12 24.68 18.54 33.12 4.67 -2.54 -283.86
Equity 48.48 48.48 0.00 48.48 48.48 0.00 48.48 48.48 0.00
PBIDTM(%) 50.90 55.55 -8.37 50.90 55.55 -8.37 14.42 10.55 36.67
Peers
Company Name CMP
Nestle India 1303.80
Varun Beverages 424.30
Britannia Industries 4794.85
LT Foods 398.40
Hatsun Agro Product 1115.40
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