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Rolex Rings - Quaterly Results

10 Aug 2023 Evaluate
A fair growth of 9.35% in the revenue at Rs. 3113.26 millions was reported in the June 2023 quarter as compared to Rs. 2847.03 millions during year-ago period.The Company's Net profit for the June 2023 quarter have declined marginally to Rs. 484.37  millions as against Rs. 497.16 millions reported during the corresponding quarter ended.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 4075.30
Timken India 3277.00
SKF India 1549.80
NRB Bearings 536.75
Menon Bearings 304.60
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