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IB Infotech - Quaterly Results

06 Nov 2023 Evaluate
The sales surged to Rs. 10.01 millions, up 32.23% for the September 2023 quarter as against Rs. 7.57 millions during the corresponding quarter previous year.The Company's Net profit for the September 2023 quarter have declined marginally to Rs. 1.13  millions as against Rs. 1.44 millions reported during the corresponding quarter ended.Operating profit for the quarter ended September 2023 rose to 1.81 millions as compared to 1.44 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 10.01 7.57 32.23 33.65 7.57 344.52 30.05 0.22 13559.09
Other Income 0.13 0.05 160.00 0.23 0.07 228.57 0.00 0.00 0.00
PBIDT 1.81 1.44 25.69 6.55 0.66 892.42 8.41 -1.19 -806.72
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 1.81 1.44 25.69 6.55 0.66 892.42 8.44 -1.19 -809.24
Depreciation 0.23 0.00 0.00 0.46 0.00 0.00 0.32 0.00 0.00
PBT 1.58 1.44 9.72 6.09 0.66 822.73 8.12 -1.19 -782.35
TAX 0.45 0.00 0.00 1.59 0.00 0.00 0.73 0.00 0.00
Deferred Tax 0.03 0.00 0.00 0.07 0.00 0.00 0.14 0.00 0.00
PAT 1.13 1.44 -21.53 4.50 0.66 581.82 7.39 -1.19 -721.01
Equity 12.81 12.81 0.00 12.81 12.81 0.00 12.81 12.81 0.00
PBIDTM(%) 18.08 19.02 -4.94 19.47 8.72 123.26 27.99 -540.91 -105.17
Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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