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Varroc Engineering - Quaterly Results

09 Aug 2023 Evaluate
The revenue zoomed 13.98% to Rs. 10477.62 millions for the quarter ended June 2023 as compared to Rs. 9192.12 millions during the corresponding quarter last year.The Net Loss for the quarter ended June 2023 is Rs. -135.17 millions as compared to Net Loss of Rs. -58.79 millions of corresponding quarter ended June 2022Operating profit for the quarter ended June 2023 rose to 776.68 millions as compared to 689.50 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 10477.62 9192.12 13.98 10477.62 9192.12 13.98 39178.90 32918.07 19.02
Other Income 88.76 152.12 -41.65 88.76 152.12 -41.65 530.03 646.14 -17.97
PBIDT 776.68 689.50 12.64 776.68 689.50 12.64 3189.97 3060.34 4.24
Interest 444.53 336.21 32.22 444.53 336.21 32.22 1700.98 909.76 86.97
PBDT 287.15 353.29 -18.72 287.15 353.29 -18.72 -11832.91 2150.58 -650.22
Depreciation 474.86 446.63 6.32 474.86 446.63 6.32 1944.49 1703.49 14.15
PBT -187.71 -93.34 101.10 -187.71 -93.34 101.10 -13777.40 447.09 -3181.57
TAX -52.54 -34.55 52.07 -52.54 -34.55 52.07 90.54 187.24 -51.64
Deferred Tax 1.65 -34.55 -104.78 1.65 -34.55 -104.78 63.78 107.43 -40.63
PAT -135.17 -58.79 129.92 -135.17 -58.79 129.92 -13867.94 259.85 -5436.90
Equity 152.79 152.79 0.00 152.79 152.79 0.00 152.79 152.79 0.00
PBIDTM(%) 7.41 7.50 -1.18 7.41 7.50 -1.18 8.14 9.30 -12.42
Peers
Company Name CMP
SamvardhanaMotherson 164.05
Tube Investments 2581.05
Bosch 48190.00
UNO Minda 1229.00
Bombay Burmah Trdg. 1480.45
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