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Navneet Education - Quaterly Results

06 Nov 2023 Evaluate
The sales declined to Rs. 2611.20 millions for the September 2023 quarter as compared to Rs. 3261.60 millions during the corresponding quarter last year.Net profit declined -7.34% to Rs. 294.10 millions from Rs. 317.40 millions.A decline of 183.10 millions was observed in the OP in the quarter ended September 2023 from 556.80 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 2611.20 3261.60 -19.94 10460.50 10089.40 3.68 16276.80 10605.20 53.48
Other Income 26.30 37.40 -29.68 65.60 84.80 -22.64 171.50 201.90 -15.06
PBIDT 183.10 556.80 -67.12 2451.80 2672.80 -8.27 3542.00 1903.50 86.08
Interest 25.40 10.80 135.19 91.10 30.90 194.82 86.10 36.80 133.97
PBDT 460.00 546.00 -15.75 2663.00 2641.90 0.80 3759.60 2324.70 61.72
Depreciation 91.40 108.50 -15.76 173.80 188.70 -7.90 358.20 327.00 9.54
PBT 368.60 437.50 -15.75 2489.20 2453.20 1.47 3401.40 1997.70 70.27
TAX 74.50 120.10 -37.97 616.10 638.60 -3.52 812.70 531.50 52.91
Deferred Tax 18.30 39.90 -54.14 -0.90 6.80 -113.24 24.50 86.30 -71.61
PAT 294.10 317.40 -7.34 1873.10 1814.60 3.22 2588.70 1466.20 76.56
Equity 452.40 452.40 0.00 452.40 452.40 0.00 452.40 452.40 0.00
PBIDTM(%) 7.01 17.07 -58.92 23.44 26.49 -11.52 21.76 17.95 21.24
Peers
Company Name CMP
D.B. Corp 154.75
Jagran Prakashan 66.57
HT Media 24.94
Navneet Education 122.80
S Chand And Company 127.05
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