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Virat Leasing - Quaterly Results

08 Aug 2023 Evaluate
The sales declined to Rs. 2.48 millions for the June 2023 quarter as compared to Rs. 2.65 millions during the corresponding quarter last year.Profit after Tax for the quarter ended June 2023 saw a decline of -45.83% from Rs. 1.44 millions to Rs. 0.78  millions.The company reported a degrowth in operating Profit to 1.30 millions from 1.93 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 2.48 2.65 -6.42 2.48 2.65 -6.42 9.88 8.88 11.26
Other Income 0.00 0.05 0.00 0.00 0.05 0.00 0.03 0.27 -88.89
PBIDT 1.30 1.93 -32.64 1.30 1.93 -32.64 0.10 2.52 -96.03
Interest 0.22 0.16 37.50 0.22 0.16 37.50 0.53 0.27 96.30
PBDT 1.08 1.77 -38.98 1.08 1.77 -38.98 -0.43 2.25 -119.11
Depreciation 0.02 0.02 0.00 0.02 0.02 0.00 0.07 0.06 16.67
PBT 1.06 1.75 -39.43 1.06 1.75 -39.43 -0.50 2.19 -122.83
TAX 0.28 0.31 -9.68 0.28 0.31 -9.68 -0.01 1.87 -100.53
Deferred Tax -0.09 0.05 -280.00 -0.09 0.05 -280.00 -0.01 -0.23 -95.65
PAT 0.78 1.44 -45.83 0.78 1.44 -45.83 -0.49 0.32 -253.13
Equity 129.81 129.81 0.00 129.81 129.81 0.00 129.81 129.81 0.00
PBIDTM(%) 52.42 72.83 -28.03 52.42 72.83 -28.03 1.01 28.38 -96.43
Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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