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Race Eco Chain - Quaterly Results

12 Aug 2023 Evaluate
The total revenue hovered 158.89% to Rs. 1107.44 millions for the June 2023 quarter as against Rs. 427.76 millions during the corresponding quarter last year.The Net Profit of the company reported a remarkable increase of 370.47% to Rs. 9.08  millions  from Rs. 1.93 millions in previous same quarter.Operating profit surged to 19.65 millions from the corresponding previous quarter of 5.24 millions.


(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 1884.35
ION Exchage 377.20
Refex Industries 256.95
Antony WasteHandling 332.50
Race Eco Chain 119.30
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