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Eco Recycling - Quaterly Results

20 Jul 2023 Evaluate
The revenue slipped marginally during the June 2023 quarter. A decline of about Rs. 53.90 millions was observed as compared to Rs. 55.20 millions during the corresponding quarter last year.Net Profit recorded in the quarter ended June 2023 rise to 36.13% to Rs. 37.30  millions  compared to R. 27.40 millions in corresponding previous quarter.Operating profit surged to 46.00 millions from the corresponding previous quarter of 30.20 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 53.90 55.20 -2.36 53.90 55.20 -2.36 177.30 151.00 17.42
Other Income 13.30 -6.00 -321.67 13.30 -6.00 -321.67 37.00 118.40 -68.75
PBIDT 46.00 30.20 52.32 46.00 30.20 52.32 76.20 144.80 -47.38
Interest 1.20 0.40 200.00 1.20 0.40 200.00 1.50 0.00 0.00
PBDT 44.80 29.80 50.34 44.80 29.80 50.34 74.70 144.80 -48.41
Depreciation 4.50 2.40 87.50 4.50 2.40 87.50 9.30 4.70 97.87
PBT 40.30 27.40 47.08 40.30 27.40 47.08 65.40 140.10 -53.32
TAX 3.00 0.00 0.00 3.00 0.00 0.00 3.70 15.20 -75.66
Deferred Tax 0.60 0.00 0.00 0.60 0.00 0.00 -8.00 0.40 -2100.00
PAT 37.30 27.40 36.13 37.30 27.40 36.13 61.70 124.90 -50.60
Equity 192.97 192.97 0.00 192.97 192.97 0.00 193.00 192.97 0.02
PBIDTM(%) 85.34 54.71 55.99 85.34 54.71 55.99 42.98 95.89 -55.18
Peers
Company Name CMP
VA Tech Wabag 2046.00
ION Exchage 423.95
Refex Industries 283.25
Antony WasteHandling 383.00
Race Eco Chain 120.00
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