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Austin EngineeringCo - Quaterly Results

14 Aug 2023 Evaluate
The sales for the June 2023 quarter moved down to Rs. 260.09 millions as compared to Rs. 296.89 millions during the year-ago period.Modest increase of 8.80% in the Net Profit was reported from. 4.66 millions to Rs. 5.07  millions.A decline of 13.94 millions was observed in the OP in the quarter ended June 2023 from 15.66 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 260.09 296.89 -12.40 260.09 296.89 -12.40 1079.80 891.06 21.18
Other Income 1.17 1.71 -31.58 1.17 1.71 -31.58 24.92 11.35 119.56
PBIDT 13.94 15.66 -10.98 13.94 15.66 -10.98 59.46 29.06 104.61
Interest 0.57 0.50 14.00 0.57 0.50 14.00 2.66 6.35 -58.11
PBDT 13.37 15.16 -11.81 13.37 15.16 -11.81 56.80 22.71 150.11
Depreciation 3.36 2.17 54.84 3.36 2.17 54.84 9.60 9.02 6.43
PBT 10.01 12.99 -22.94 10.01 12.99 -22.94 47.20 13.69 244.78
TAX 4.94 8.33 -40.70 4.94 8.33 -40.70 6.95 -0.51 -1462.75
Deferred Tax 1.67 3.46 -51.73 1.67 3.46 -51.73 -3.22 -3.96 -18.69
PAT 5.07 4.66 8.80 5.07 4.66 8.80 40.25 14.20 183.45
Equity 34.78 34.78 0.00 34.78 34.78 0.00 34.78 34.78 0.00
PBIDTM(%) 5.36 5.27 1.61 5.36 5.27 1.61 5.51 3.26 68.85
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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