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Hindcon Chemicals - Quaterly Results

07 Nov 2023 Evaluate
The sales declined to Rs. 166.17 millions for the September 2023 quarter as compared to Rs. 186.37 millions during the corresponding quarter last year.A comparatively good net profit growth of 47.00% to Rs. 8.57 millions was reported for the quarter ended September 2023 compared to Rs. 5.83 millions of previous same quarter.Operating profit for the quarter ended September 2023 rose to 12.56 millions as compared to 8.58 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 166.17 186.37 -10.84 338.89 397.02 -14.64 816.50 637.03 28.17
Other Income 2.67 3.94 -32.23 6.57 5.95 10.42 10.73 15.55 -31.00
PBIDT 12.56 8.58 46.39 47.51 23.38 103.21 62.27 65.33 -4.68
Interest 0.30 0.11 172.73 0.44 0.19 131.58 0.50 0.22 127.27
PBDT 12.26 8.47 44.75 47.07 23.19 102.98 61.77 65.11 -5.13
Depreciation 0.66 0.70 -5.71 1.28 1.36 -5.88 2.87 2.53 13.44
PBT 11.60 7.77 49.29 45.79 21.83 109.76 58.90 62.58 -5.88
TAX 3.03 1.94 56.19 11.80 5.82 102.75 15.80 15.27 3.47
Deferred Tax -0.34 -0.61 -44.26 -0.78 -1.13 -30.97 -1.80 -1.09 65.14
PAT 8.57 5.83 47.00 33.99 16.01 112.30 43.10 47.31 -8.90
Equity 102.38 102.38 0.00 102.38 102.38 0.00 102.38 102.38 0.00
PBIDTM(%) 7.56 4.60 64.18 14.02 5.89 138.06 7.63 10.26 -25.63
Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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