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Olectra Greentech - Quaterly Results

07 Aug 2023 Evaluate
The Sales for the quarter ended June 2023 of Rs. 2060.22 million declined by -32.38% from Rs. 3046.65 millions.The Net Profit of the company registered a slight decline of -0.60% to Rs. 186.97  millions from Rs. 188.09 millions.The Operating Profit of the company witnessed a decrease to 386.07 millions from 396.08 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 2060.22 3046.65 -32.38 2060.22 3046.65 -32.38 11344.07 5854.31 93.77
Other Income 15.05 28.03 -46.31 15.05 28.03 -46.31 114.41 78.74 45.30
PBIDT 386.07 396.08 -2.53 386.07 396.08 -2.53 1486.26 887.36 67.49
Interest 71.26 84.10 -15.27 71.26 84.10 -15.27 311.78 92.69 236.37
PBDT 314.81 311.98 0.91 314.81 311.98 0.91 1174.48 769.19 52.69
Depreciation 66.42 64.86 2.41 66.42 64.86 2.41 263.39 248.53 5.98
PBT 248.39 247.12 0.51 248.39 247.12 0.51 911.09 520.66 74.99
TAX 61.42 59.03 4.05 61.42 59.03 4.05 204.07 163.67 24.68
Deferred Tax -15.62 1.15 -1458.26 -15.62 1.15 -1458.26 31.12 188.75 -83.51
PAT 186.97 188.09 -0.60 186.97 188.09 -0.60 707.02 356.99 98.05
Equity 328.32 328.32 0.00 328.32 328.32 0.00 328.32 328.32 0.00
PBIDTM(%) 18.74 13.00 44.14 18.74 13.00 44.14 13.10 15.16 -13.56
Peers
Company Name CMP
Tata Motors 425.65
Ashok Leyland 172.00
Force Motors 18950.20
Olectra Greentech 1027.00
SML Mahindra 5246.85
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