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India Power Corpn. - Quaterly Results

12 Feb 2024 Evaluate
The sales slipped to Rs. 1359.04 millions for the December 2023 quarter as against Rs. 1449.23 millions during the year-ago period.Modest increase of 18.24% in the Net Profit was reported from. 35.09 millions to Rs. 41.49  millions.Operating profit for the quarter ended December 2023 rose to 218.03 millions as compared to 206.99 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 1359.04 1449.23 -6.22 4692.99 4469.08 5.01 5992.27 5600.45 7.00
Other Income 79.24 75.47 5.00 239.03 212.11 12.69 282.14 243.65 15.80
PBIDT 218.03 206.99 5.33 653.94 638.06 2.49 855.65 836.50 2.29
Interest 77.60 87.28 -11.09 253.94 281.25 -9.71 378.75 329.81 14.84
PBDT 140.43 119.71 17.31 400.00 356.81 12.10 476.90 506.69 -5.88
Depreciation 84.76 72.18 17.43 249.32 216.77 15.02 290.40 286.59 1.33
PBT 55.67 47.53 17.13 150.68 140.04 7.60 186.50 220.10 -15.27
TAX 14.18 12.44 13.99 38.11 36.75 3.70 50.43 58.63 -13.99
Deferred Tax -11.66 -3.92 197.45 -34.60 -12.31 181.07 -15.17 3.82 -497.12
PAT 41.49 35.09 18.24 112.57 103.29 8.98 136.07 161.47 -15.73
Equity 973.79 973.79 0.00 973.79 973.79 0.00 973.79 973.79 0.00
PBIDTM(%) 16.04 14.28 12.32 13.93 14.28 -2.40 14.28 14.94 -4.40
Peers
Company Name CMP
NTPC 396.10
Tata Power 435.70
Adani Power 203.05
Power Grid Corp 319.30
Torrent Power 1622.05
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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