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Neogen Chemicals - Quaterly Results

05 Aug 2023 Evaluate
A fair growth of 15.02% in the revenue at Rs. 1701.20 millions was reported in the June 2023 quarter as compared to Rs. 1479.00 millions during year-ago period.Net profit for the quarter ended June 2023 increases to Rs. 114.20  millions from Rs. 111.20 millions.Operating profit for the quarter ended June 2023 rose to 312.90 millions as compared to 256.10 millions of corresponding quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 1701.20 1479.00 15.02 1701.20 1479.00 15.02 6861.80 4872.50 40.83
Other Income 18.40 9.60 91.67 18.40 9.60 91.67 46.30 13.40 245.52
PBIDT 312.90 256.10 22.18 312.90 256.10 22.18 1162.50 879.30 32.21
Interest 106.10 60.90 74.22 106.10 60.90 74.22 289.40 190.80 51.68
PBDT 206.80 195.20 5.94 206.80 195.20 5.94 873.10 688.50 26.81
Depreciation 49.20 38.90 26.48 49.20 38.90 26.48 162.00 116.90 38.58
PBT 157.60 156.30 0.83 157.60 156.30 0.83 711.10 571.60 24.41
TAX 43.40 45.10 -3.77 43.40 45.10 -3.77 210.60 124.40 69.29
Deferred Tax 9.40 8.00 17.50 9.40 8.00 17.50 83.00 25.70 222.96
PAT 114.20 111.20 2.70 114.20 111.20 2.70 500.50 447.20 11.92
Equity 249.40 249.40 0.00 249.40 249.40 0.00 249.40 249.40 0.00
PBIDTM(%) 18.39 17.32 6.22 18.39 17.32 6.22 16.94 18.05 -6.12
Peers
Company Name CMP
Godrej Industries 1073.40
SRF 2490.00
BASF India 3493.40
Pidilite Inds. 1499.05
Tata Chemicals 641.65
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