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Tirupati Starch&Chem - Quaterly Results

10 Feb 2024 Evaluate
The quarter ended December 2023 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 867.90 millions.Net profit declined -24.50% to Rs. 10.57 millions from Rs. 14.00 millions.The company reported a good operating profit of 57.72 millions compared to 55.28 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 867.90 855.28 1.48 2236.34 2781.92 -19.61 3642.15 3181.19 14.49
Other Income 1.19 1.43 -16.78 2.65 3.72 -28.76 5.78 17.52 -67.01
PBIDT 57.72 55.28 4.41 139.51 140.80 -0.92 216.01 211.49 2.14
Interest 25.00 23.72 5.40 65.81 62.13 5.92 83.48 58.58 42.51
PBDT 32.72 31.56 3.68 73.70 78.67 -6.32 132.53 152.91 -13.33
Depreciation 20.95 14.62 43.30 53.68 43.86 22.39 56.27 58.46 -3.75
PBT 11.77 16.94 -30.52 20.02 34.81 -42.49 76.26 94.45 -19.26
TAX 1.20 2.94 -59.18 3.60 8.90 -59.55 10.58 11.81 -10.41
Deferred Tax 1.20 2.95 -59.32 3.60 8.85 -59.32 4.78 11.81 -59.53
PAT 10.57 14.00 -24.50 16.42 25.91 -36.63 65.68 82.64 -20.52
Equity 95.89 80.92 18.50 95.89 80.92 18.50 80.92 70.01 15.58
PBIDTM(%) 6.65 6.46 2.89 6.24 5.06 23.25 5.93 6.65 -10.79
Peers
Company Name CMP
Nestle India 1279.00
Varun Beverages 436.00
Britannia Industries 4790.00
LT Foods 420.10
Hatsun Agro Product 1070.35
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