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A fair growth of 17.36% in the revenue at Rs. 111.60 millions was reported in the December 2023 quarter as compared to Rs. 95.09 millions during year-ago period.Profit after tax for the quarter ended December 2023 reported a huge growth of 71.88% to Rs. 9.90  millions from Rs. 5.76 millions.The company reported a good operating profit of 10.10 millions compared to 5.81 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 111.60 95.09 17.36 311.62 290.41 7.30 391.83 623.88 -37.19
Other Income 3.48 3.21 8.41 10.41 9.94 4.73 12.02 13.73 -12.45
PBIDT 10.10 5.81 73.84 24.51 18.66 31.35 18.93 9.62 96.78
Interest 0.11 0.00 0.00 0.11 0.82 -86.59 0.82 0.60 36.67
PBDT 9.99 5.81 71.94 24.40 17.84 36.77 18.11 9.02 100.78
Depreciation 0.09 0.05 80.00 0.25 0.15 66.67 0.21 0.18 16.67
PBT 9.90 5.76 71.88 24.15 17.69 36.52 17.90 8.84 102.49
TAX 0.00 0.00 0.00 0.00 0.00 0.00 4.50 2.22 102.70
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.01 -0.01 0.00
PAT 9.90 5.76 71.88 24.15 17.69 36.52 13.40 6.62 102.42
Equity 533.90 533.90 0.00 533.90 533.90 0.00 533.90 557.21 -4.18
PBIDTM(%) 9.05 6.11 48.12 7.87 6.43 22.41 4.83 1.54 213.31
Peers
Company Name CMP
Bajaj Auto 10417.00
TVS Motor Company 4093.00
Hero MotoCorp 5230.00
Eicher Motors 7280.00
OLA Electric Mobilit 35.01
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