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Spacenet Enterprises - Quaterly Results

12 Aug 2023 Evaluate
A fair growth of 6.94% in the revenue at Rs. 207.99 millions was reported in the June 2023 quarter as compared to Rs. 194.49 millions during year-ago period.Net Profit witnessed a 571.51% growth almost the double from Rs. 3.65 millions to Rs. 24.51  millions  of same quarter last year.Operating profit surged to 25.05 millions from the corresponding previous quarter of 4.19 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 207.99 194.49 6.94 207.99 194.49 6.94 1421.11 400.50 254.83
Other Income 1.00 2.74 -63.50 1.00 2.74 -63.50 4.17 4.90 -14.90
PBIDT 25.05 4.19 497.85 25.05 4.19 497.85 32.17 10.22 214.77
Interest 0.03 0.12 -75.00 0.03 0.12 -75.00 3.19 0.18 1672.22
PBDT 25.02 4.07 514.74 25.02 4.07 514.74 28.98 10.04 188.65
Depreciation 0.51 0.42 21.43 0.51 0.42 21.43 1.93 1.22 58.20
PBT 24.51 3.65 571.51 24.51 3.65 571.51 27.05 8.82 206.69
TAX 0.00 0.00 0.00 0.00 0.00 0.00 -1.08 1.21 -189.26
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.17 0.00
PAT 24.51 3.65 571.51 24.51 3.65 571.51 28.13 7.61 269.65
Equity 533.67 530.36 0.62 533.67 530.36 0.62 533.67 530.36 0.62
PBIDTM(%) 12.04 2.15 459.06 12.04 2.15 459.03 2.26 2.55 -11.29
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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