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Remsons Inds - Quaterly Results

08 Aug 2023 Evaluate
The sales for the June 2023 quarter moved down to Rs. 599.15 millions as compared to Rs. 648.03 millions during the year-ago period.A humble growth in net profit of 14.65% reported in the quarter ended June 2023 to Rs. 12.52  millions from Rs. 10.92 millions.Operating profit for the quarter ended June 2023 rose to 51.84 millions as compared to 40.49 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 599.15 648.03 -7.54 599.15 648.03 -7.54 2639.62 2232.83 18.22
Other Income 4.01 0.48 735.42 4.01 0.48 735.42 16.98 11.63 46.00
PBIDT 51.84 40.49 28.03 51.84 40.49 28.03 219.64 151.91 44.59
Interest 15.58 11.67 33.50 15.58 11.67 33.50 51.97 52.49 -0.99
PBDT 36.26 28.82 25.82 36.26 28.82 25.82 167.67 106.85 56.92
Depreciation 17.91 13.92 28.66 17.91 13.92 28.66 61.92 54.81 12.97
PBT 18.35 14.90 23.15 18.35 14.90 23.15 105.75 52.04 103.21
TAX 5.83 3.98 46.48 5.83 3.98 46.48 28.20 16.54 70.50
Deferred Tax 0.93 -0.61 -252.46 0.93 -0.61 -252.46 -3.47 1.41 -346.10
PAT 12.52 10.92 14.65 12.52 10.92 14.65 77.55 35.50 118.45
Equity 57.13 57.13 0.00 57.13 57.13 0.00 57.13 57.13 0.00
PBIDTM(%) 8.65 6.25 38.48 8.65 6.25 38.48 8.32 6.80 22.30
Peers
Company Name CMP
SamvardhanaMotherson 164.20
Tube Investments 2550.60
Bosch 47780.00
UNO Minda 1229.35
Bombay Burmah Trdg. 1432.00
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