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Hi-Tech Pipes - Quaterly Results

28 Oct 2023 Evaluate
The sales surged to Rs. 6034.89 millions, up 32.18% for the September 2023 quarter as against Rs. 4565.83 millions during the corresponding quarter previous year.The Net Profit of the company reported a remarkable increase of 172.62% to Rs. 91.71  millions  from Rs. 33.64 millions in previous same quarter.Operating profit surged to 219.68 millions from the corresponding previous quarter of 191.82 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 6034.89 4565.83 32.18 11237.42 8637.79 30.10 18605.50 15118.89 23.06
Other Income 6.87 8.78 -21.75 9.52 14.46 -34.16 19.78 9.37 111.10
PBIDT 219.68 191.82 14.52 381.90 328.08 16.40 808.63 750.29 7.78
Interest 72.96 63.24 15.37 126.10 134.28 -6.09 253.17 269.07 -5.91
PBDT 146.72 63.43 131.31 255.80 128.65 98.83 490.31 481.22 1.89
Depreciation 24.10 18.68 29.01 45.20 36.86 22.63 112.81 72.04 56.59
PBT 122.62 44.75 174.01 210.60 91.79 129.44 377.50 409.18 -7.74
TAX 30.91 11.11 178.22 53.10 23.10 129.87 88.50 110.47 -19.89
Deferred Tax 10.66 4.28 149.07 15.32 8.97 70.79 18.32 23.64 -22.50
PAT 91.71 33.64 172.62 157.50 68.69 129.29 289.00 298.71 -3.25
Equity 130.81 122.71 6.60 130.81 122.71 6.60 127.81 122.71 4.16
PBIDTM(%) 3.64 4.20 -13.35 3.40 3.80 -10.52 4.35 4.96 -12.42
Peers
Company Name CMP
JSW Steel 1297.95
Tata Steel 190.75
Steel Authority 185.60
Jindal Stainless 758.40
APL Apollo Tubes 2194.30
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