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Tide Water Oil Co(I) - Quaterly Results

13 Feb 2024 Evaluate
The total revenue for the quarter ended December 2023 remained nearly unchanged at Rs. 4035.60 millions.The Company has registered profit of Rs. 262.50  millions for the quarter ended December 2023, a growth of 19.59%  over Rs. 219.50 millions millions achieved in the corresponding quarter of last year.Operating profit for the quarter ended December 2023 rose to 357.90 millions as compared to 307.60 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 4035.60 3914.80 3.09 11677.70 11036.80 5.81 14923.60 12476.50 19.61
Other Income 132.00 163.60 -19.32 383.40 265.10 44.62 360.10 457.80 -21.34
PBIDT 357.90 307.60 16.35 1008.00 877.50 14.87 1174.70 1484.30 -20.86
Interest 3.20 3.00 6.67 9.20 9.10 1.10 12.00 13.10 -8.40
PBDT 354.70 304.60 16.45 998.80 868.40 15.02 1162.70 1471.20 -20.97
Depreciation 24.60 26.30 -6.46 73.70 78.50 -6.11 102.00 107.30 -4.94
PBT 330.10 278.30 18.61 925.10 789.90 17.12 1060.70 1363.90 -22.23
TAX 67.60 58.80 14.97 189.50 168.30 12.60 211.80 298.00 -28.93
Deferred Tax -1.20 -2.70 -55.56 -3.50 -7.90 -55.70 -8.00 -0.50 1500.00
PAT 262.50 219.50 19.59 735.60 621.60 18.34 848.90 1065.90 -20.36
Equity 34.00 34.00 0.00 34.00 34.00 0.00 34.00 34.00 0.00
PBIDTM(%) 8.87 7.86 12.87 8.63 7.95 8.57 7.87 11.90 -33.84

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