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Rolex Rings - Quaterly Results

10 Aug 2023 Evaluate
The June 2023 quarter revenue stood at Rs. 3113.26 millions, up 9.35% as compared to Rs. 2847.03 millions during the corresponding quarter last year.A slender decline of -2.57% was recorded to Rs. 484.37  millions from Rs. 497.16 millions in the corresponding previous quarter.OP of the company witnessed a marginal growth to 723.03 millions from 708.83 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 3113.26 2847.03 9.35 3113.26 2847.03 9.35 11789.53 10102.31 16.70
Other Income 23.65 68.60 -65.52 23.65 68.60 -65.52 193.01 114.24 68.95
PBIDT 723.03 708.83 2.00 723.03 708.83 2.00 2800.17 2403.40 16.51
Interest 6.07 38.18 -84.10 6.07 38.18 -84.10 98.32 204.29 -51.87
PBDT 716.96 670.65 6.91 716.96 670.65 6.91 2701.85 2199.11 22.86
Depreciation 66.70 63.00 5.87 66.70 63.00 5.87 269.19 255.51 5.35
PBT 650.26 607.65 7.01 650.26 607.65 7.01 2432.66 1943.60 25.16
TAX 165.89 110.49 50.14 165.89 110.49 50.14 451.74 624.81 -27.70
Deferred Tax 1.96 -44.13 -104.44 1.96 -44.13 -104.44 -163.05 -41.38 294.03
PAT 484.37 497.16 -2.57 484.37 497.16 -2.57 1980.92 1318.79 50.21
Equity 272.33 272.33 0.00 272.33 272.33 0.00 272.33 272.33 0.00
PBIDTM(%) 23.22 24.90 -6.72 23.22 24.90 -6.72 23.75 23.79 -0.17
Peers
Company Name CMP
Schaeffler India 3520.00
Timken India 3007.80
SKF India 1472.20
NRB Bearings 466.00
Menon Bearings 321.50
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