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Fairchem Organics - Quaterly Results

07 Aug 2023 Evaluate
The sales is pegged at Rs. 1605.93 millions for the June 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 2251.19 millions during the year-ago period.Net Profit for the quarter ended June 2023 dipped to Rs. 61.23  millions from Rs. 270.28 millions  in the corresponding previous quarter.A decline of 117.81 millions was observed in the OP in the quarter ended June 2023 from 403.42 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 1605.93 2251.19 -28.66 1605.93 2251.19 -28.66 6480.41 6431.85 0.75
Other Income 1.52 2.84 -46.48 1.52 2.84 -46.48 6.76 3.62 86.74
PBIDT 117.81 403.42 -70.80 117.81 403.42 -70.80 730.06 1052.27 -30.62
Interest 13.53 24.06 -43.77 13.53 24.06 -43.77 62.62 68.55 -8.65
PBDT 104.28 379.36 -72.51 104.28 379.36 -72.51 667.44 983.72 -32.15
Depreciation 21.54 18.88 14.09 21.54 18.88 14.09 81.52 71.31 14.32
PBT 82.74 360.48 -77.05 82.74 360.48 -77.05 585.92 912.41 -35.78
TAX 21.51 90.20 -76.15 21.51 90.20 -76.15 150.91 233.34 -35.33
Deferred Tax 2.45 6.18 -60.36 2.45 6.18 -60.36 15.95 14.32 11.38
PAT 61.23 270.28 -77.35 61.23 270.28 -77.35 435.01 679.07 -35.94
Equity 130.21 130.21 0.00 130.21 130.21 0.00 130.21 130.21 0.00
PBIDTM(%) 7.34 17.92 -59.06 7.34 17.92 -59.06 11.27 16.36 -31.14
Peers
Company Name CMP
Godrej Industries 1028.10
SRF 2483.80
BASF India 3373.95
Pidilite Inds. 1500.10
Tata Chemicals 627.85
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