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Tide Water Oil Co(I) - Quaterly Results

11 Aug 2023 Evaluate
The June 2023 quarter revenue stood at Rs. 3830.20 millions, up 9.74% as compared to Rs. 3490.40 millions during the corresponding quarter last year.A humble growth in net profit of 11.89% reported in the quarter ended June 2023 to Rs. 263.50  millions from Rs. 235.50 millions.The company reported a good operating profit of 358.70 millions compared to 329.00 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 3830.20 3490.40 9.74 3830.20 3490.40 9.74 14923.60 12476.50 19.61
Other Income 138.90 28.50 387.37 138.90 28.50 387.37 360.10 457.80 -21.34
PBIDT 358.70 329.00 9.03 358.70 329.00 9.03 1174.70 1484.30 -20.86
Interest 3.00 3.20 -6.25 3.00 3.20 -6.25 12.00 13.10 -8.40
PBDT 355.70 325.80 9.18 355.70 325.80 9.18 1162.70 1471.20 -20.97
Depreciation 24.20 25.80 -6.20 24.20 25.80 -6.20 102.00 107.30 -4.94
PBT 331.50 300.00 10.50 331.50 300.00 10.50 1060.70 1363.90 -22.23
TAX 68.00 64.50 5.43 68.00 64.50 5.43 211.80 298.00 -28.93
Deferred Tax -1.00 -2.30 -56.52 -1.00 -2.30 -56.52 -8.00 -0.50 1500.00
PAT 263.50 235.50 11.89 263.50 235.50 11.89 848.90 1065.90 -20.36
Equity 34.00 34.00 0.00 34.00 34.00 0.00 34.00 34.00 0.00
PBIDTM(%) 9.37 9.43 -0.65 9.37 9.43 -0.65 7.87 11.90 -33.84

Veedol Corporation Share Price

1425.00 -15.70 (-1.09%)
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