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Navneet Education - Quaterly Results

06 Nov 2023 Evaluate
The sales is pegged at Rs. 2611.20 millions for the September 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 3261.60 millions during the year-ago period.The Company's Net profit for the September 2023 quarter have declined marginally to Rs. 294.10  millions as against Rs. 317.40 millions reported during the corresponding quarter ended.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 146.40
Jagran Prakashan 59.85
HT Media 21.38
Navneet Education 120.30
S Chand And Company 129.95
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