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Gulf Oil Lubricant - Quaterly Results

05 Feb 2024 Evaluate
With no major difference for the quarter endedDecember 2023 , the total revenue stood at Rs. 8172.64  millions.The company has announced a 28.86% increase in its profits to Rs . 807.36  millions for the  quarter ended December 2023 compared to Rs. 626.52 millions in the corresponding quarter in the previous year.OP of the company witnessed a marginal growth to 1277.05 millions from 1042.87 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 8172.64 7810.98 4.63 24312.77 22070.51 10.16 29991.00 21916.39 36.84
Other Income 166.43 142.67 16.65 479.65 333.00 44.04 471.22 441.83 6.65
PBIDT 1277.05 1042.87 22.46 3522.94 2885.98 22.07 3899.58 3296.75 18.29
Interest 81.86 102.56 -20.18 199.96 310.05 -35.51 376.40 96.19 291.31
PBDT 1195.19 940.31 27.11 3322.98 2575.93 29.00 3523.18 3200.56 10.08
Depreciation 110.49 97.21 13.66 330.40 289.09 14.29 396.13 357.19 10.90
PBT 1084.70 843.10 28.66 2992.58 2286.84 30.86 3127.05 2843.37 9.98
TAX 277.34 216.58 28.05 765.95 585.57 30.80 804.04 732.62 9.75
Deferred Tax 0.67 6.60 -89.85 -14.63 -11.94 22.53 -15.65 -12.90 21.32
PAT 807.36 626.52 28.86 2226.63 1701.27 30.88 2323.01 2110.75 10.06
Equity 98.15 98.03 0.12 98.15 98.03 0.12 98.03 100.85 -2.80
PBIDTM(%) 15.63 13.35 17.04 14.49 13.08 10.81 13.00 15.04 -13.56
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