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SIRCA Paints India - Quaterly Results

14 Aug 2023 Evaluate
The company witnessed a 18.99% growth in the revenue at Rs. 729.92 millions for the quarter ended June 2023 as compared to Rs. 613.45 millions during the year-ago period.The Company has registered profit of Rs. 129.04  millions for the quarter ended June 2023, a growth of 10.53%  over Rs. 116.75 millions millions achieved in the corresponding quarter of last year.The company reported a good operating profit of 188.24 millions compared to 165.73 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 729.92 613.45 18.99 729.92 613.45 18.99 2677.49 2000.25 33.86
Other Income 14.42 12.20 18.20 14.42 12.20 18.20 48.44 44.01 10.07
PBIDT 188.24 165.73 13.58 188.24 165.73 13.58 665.58 421.59 57.87
Interest 0.03 0.12 -75.00 0.03 0.12 -75.00 0.39 0.78 -50.00
PBDT 188.21 165.61 13.65 188.21 165.61 13.65 665.19 420.81 58.07
Depreciation 12.58 11.43 10.06 12.58 11.43 10.06 44.11 41.27 6.88
PBT 175.63 154.18 13.91 175.63 154.18 13.91 621.08 379.54 63.64
TAX 46.59 37.43 24.47 46.59 37.43 24.47 159.99 102.27 56.44
Deferred Tax 0.19 -0.84 -122.62 0.19 -0.84 -122.62 0.12 6.26 -98.08
PAT 129.04 116.75 10.53 129.04 116.75 10.53 461.09 277.27 66.30
Equity 548.09 274.04 100.00 548.09 274.04 100.00 274.04 274.04 0.00
PBIDTM(%) 25.79 27.02 -4.54 25.79 27.02 -4.54 24.86 21.08 17.94
Peers
Company Name CMP
Asian Paints 2328.15
Berger Paints India 469.80
Kansai Nerolac Paint 181.20
JSW Dulux 3058.00
Indigo Paints 1036.85
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