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JK Tyres & Inds. - Quaterly Results

06 Feb 2024 Evaluate
With no major difference for the quarter endedDecember 2023 , the total revenue stood at Rs. 25637.00  millions.The Net Profit of the company vaulted to 206.00% to Rs. 1643.50  millions from Rs. 537.10 millions in the previous quarter.Operating profit for the quarter ended December 2023 rose to 3734.30 millions as compared to 2177.00 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 25637.00 24802.40 3.36 76971.90 72251.00 6.53 96179.20 80320.60 19.74
Other Income 105.10 80.40 30.72 232.90 204.40 13.94 315.20 302.00 4.37
PBIDT 3734.30 2177.00 71.53 10514.30 5751.30 82.82 8063.30 7307.00 10.35
Interest 563.80 711.70 -20.78 1827.30 1845.90 -1.01 2575.10 2296.10 12.15
PBDT 3133.30 1445.70 116.73 8648.20 3517.40 145.87 5126.50 5050.40 1.51
Depreciation 630.90 601.10 4.96 1872.00 1798.70 4.08 2425.80 2407.40 0.76
PBT 2502.40 844.60 196.28 6776.20 1718.70 294.26 2700.70 2643.00 2.18
TAX 858.90 307.50 179.32 2331.50 554.20 320.70 863.00 812.60 6.20
Deferred Tax 17.50 30.40 -42.43 20.90 -52.40 -139.89 138.90 -151.50 -191.68
PAT 1643.50 537.10 206.00 4444.70 1164.50 281.68 1837.70 1830.40 0.40
Equity 521.40 492.50 5.87 521.40 492.50 5.87 492.50 492.50 0.00
PBIDTM(%) 14.57 8.78 65.95 13.66 7.96 71.60 8.38 9.10 -7.85
Peers
Company Name CMP
MRF 124380.25
Apollo Tyres 412.40
JK Tyres & Inds. 348.60
Ceat 3432.80
Balkrishna Inds. 2171.20
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