MoneyWorks4Me

Smiths & Founders - Quaterly Results

29 Jan 2024 Evaluate
A fair growth of 10.58% in the revenue at Rs. 29.38 millions was reported in the December 2023 quarter as compared to Rs. 26.57 millions during year-ago period.The company has announced a 43.28% increase in its profits to Rs . 0.96  millions for the  quarter ended December 2023 compared to Rs. 0.67 millions in the corresponding quarter in the previous year.Operating profit for the quarter ended December 2023 rose to 2.25 millions as compared to 1.96 millions of corresponding quarter ended December 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 29.38 26.57 10.58 85.34 77.45 10.19 104.62 110.31 -5.16
Other Income 0.19 0.03 533.33 0.83 0.13 538.46 0.15 2.70 -94.44
PBIDT 2.25 1.96 14.80 7.37 6.11 20.62 8.00 20.35 -60.69
Interest 0.65 0.68 -4.41 1.87 1.87 0.00 3.15 3.42 -7.89
PBDT 1.60 1.28 25.00 5.50 4.24 29.72 4.85 16.93 -71.35
Depreciation 0.64 0.61 4.92 1.88 1.83 2.73 2.42 2.44 -0.82
PBT 0.96 0.67 43.28 3.62 2.41 50.21 2.43 14.49 -83.23
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.96 0.67 43.28 3.62 2.41 50.21 2.43 14.49 -83.23
Equity 102.00 102.00 0.00 102.00 102.00 0.00 102.00 102.00 0.00
PBIDTM(%) 7.66 7.38 3.82 8.64 7.89 9.47 7.65 18.45 -58.55
Peers
Company Name CMP
Bharat Forge 2013.15
Ramkrishna Forgings 718.00
MM Forgings 617.50
Happy Forgings 2101.40
Balu Forge Inds. 500.10
View more..