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Dolfin Rubbers - Quaterly Results

10 Aug 2023 Evaluate
The Revenue for the quarter ended  June 2023 of Rs. 276.33 millions grew by 18.74 % from Rs. 232.71 millions.The Net proft of the company remain more or less same to Rs. 8.73  millions from Rs. 11.30 millions ,decline by -22.74%.Operating profit surged to 18.89 millions from the corresponding previous quarter of 16.02 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 276.33 232.71 18.74 276.33 232.71 18.74 1016.48 835.03 21.73
Other Income 1.18 0.62 90.32 1.18 0.62 90.32 1.36 2.35 -42.13
PBIDT 18.89 16.02 17.92 18.89 16.02 17.92 66.95 57.65 16.13
Interest 2.67 1.73 54.34 2.67 1.73 54.34 8.84 7.62 16.01
PBDT 16.22 14.29 13.51 16.22 14.29 13.51 58.11 50.03 16.15
Depreciation 3.62 3.24 11.73 3.62 3.24 11.73 12.97 11.49 12.88
PBT 12.60 11.05 14.03 12.60 11.05 14.03 45.14 38.54 17.13
TAX 3.87 -0.25 -1648.00 3.87 -0.25 -1648.00 12.00 10.49 14.39
Deferred Tax 1.12 -2.69 -141.64 1.12 -2.69 -141.64 1.65 3.99 -58.65
PAT 8.73 11.30 -22.74 8.73 11.30 -22.74 33.14 28.05 18.15
Equity 100.30 100.30 0.00 100.30 100.30 0.00 100.29 75.22 33.33
PBIDTM(%) 6.84 6.88 -0.70 6.84 6.88 -0.70 6.59 6.90 -4.60
Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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