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Race Eco Chain - Quaterly Results

12 Aug 2023 Evaluate
The total revenue for the June 2023 quarter zoomed 158.89% to Rs. 1107.44 millions as compared to Rs. 427.76 millions during the year-ago period.The company almost doubled its revenue to Rs. 9.08 millions  from Rs. 1.93 millions in the quarter ended June 2023.Operating profit for the quarter ended June 2023 rose to 19.65 millions as compared to 5.24 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 1107.44 427.76 158.89 1107.44 427.76 158.89 2690.85 1572.13 71.16
Other Income 0.32 2.11 -84.83 0.32 2.11 -84.83 8.47 16.24 -47.84
PBIDT 19.65 5.24 275.00 19.65 5.24 275.00 29.36 18.07 62.48
Interest 5.54 1.38 301.45 5.54 1.38 301.45 7.03 4.17 68.59
PBDT 14.11 3.86 265.54 14.11 3.86 265.54 22.33 13.90 60.65
Depreciation 1.21 1.07 13.08 1.21 1.07 13.08 4.43 3.30 34.24
PBT 12.90 2.79 362.37 12.90 2.79 362.37 17.90 10.60 68.87
TAX 3.82 0.86 344.19 3.82 0.86 344.19 4.83 1.44 235.42
Deferred Tax 0.07 0.00 0.00 0.07 0.00 0.00 -0.52 -0.42 23.81
PAT 9.08 1.93 370.47 9.08 1.93 370.47 13.07 9.16 42.69
Equity 164.32 164.32 0.00 164.32 164.32 0.00 164.32 164.32 0.00
PBIDTM(%) 1.77 1.22 44.85 1.77 1.22 44.85 1.09 1.15 -5.07
Peers
Company Name CMP
VA Tech Wabag 2009.30
ION Exchage 419.40
Refex Industries 285.80
Antony WasteHandling 378.55
Race Eco Chain 117.85
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