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Eco Recycling - Quaterly Results

26 Oct 2023 Evaluate
The topline advanced to Rs. 71.00 millions, up 96.68% for the September 2023 quarter as against Rs. 36.10 millions during the year-ago period.A comparatively good net profit growth of 40.52% to Rs. 48.20 millions was reported for the quarter ended September 2023 compared to Rs. 34.30 millions of previous same quarter.Operating profit for the quarter ended September 2023 rose to 57.50 millions as compared to 37.20 millions of corresponding quarter ended September 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 71.00 36.10 96.68 124.90 91.30 36.80 177.30 151.00 17.42
Other Income 14.80 21.40 -30.84 28.10 15.40 82.47 37.00 118.40 -68.75
PBIDT 57.50 37.20 54.57 103.50 67.40 53.56 76.20 144.80 -47.38
Interest 1.20 0.40 200.00 2.40 0.80 200.00 1.50 0.00 0.00
PBDT 56.30 36.80 52.99 101.10 66.60 51.80 74.70 144.80 -48.41
Depreciation 2.50 2.50 0.00 7.00 4.90 42.86 9.30 4.70 97.87
PBT 53.80 34.30 56.85 94.10 61.70 52.51 65.40 140.10 -53.32
TAX 5.60 0.00 0.00 8.60 0.00 0.00 3.70 15.20 -75.66
Deferred Tax 0.50 0.00 0.00 1.10 0.00 0.00 -8.00 0.40 -2100.00
PAT 48.20 34.30 40.52 85.50 61.70 38.57 61.70 124.90 -50.60
Equity 193.00 193.00 0.00 193.00 193.00 0.00 193.00 192.97 0.02
PBIDTM(%) 80.99 103.05 -21.41 82.87 73.82 12.25 42.98 95.89 -55.18
Peers
Company Name CMP
VA Tech Wabag 2050.00
ION Exchage 424.05
Refex Industries 283.10
Antony WasteHandling 383.00
Race Eco Chain 120.37
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