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Smiths & Founders - Quaterly Results

29 Jan 2024 Evaluate
The revenue zoomed 10.58% to Rs. 29.38 millions for the quarter ended December 2023 as compared to Rs. 26.57 millions during the corresponding quarter last year.A comparatively good net profit growth of 43.28% to Rs. 0.96 millions was reported for the quarter ended December 2023 compared to Rs. 0.67 millions of previous same quarter.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
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