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Ritesh International - Quaterly Results

13 Feb 2024 Evaluate
The sales is pegged at Rs. 175.05 millions for the December 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 246.02 millions during the year-ago period.The Company's Net profit for the December 2023 quarter have declined marginally to Rs. 0.62  millions as against Rs. 0.85 millions reported during the corresponding quarter ended.Operating Profit saw a handsome growth to 3.90 millions from 3.18 millions in the quarter ended December 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 175.05 246.02 -28.85 590.55 1068.79 -44.75 1266.44 1404.66 -9.84
Other Income 0.01 0.01 0.00 0.07 0.50 -86.00 1.03 0.58 77.59
PBIDT 3.90 3.18 22.64 9.32 38.09 -75.53 32.11 56.87 -43.54
Interest 1.58 0.95 66.32 3.60 3.36 7.14 4.62 4.67 -1.07
PBDT 2.32 2.23 4.04 4.26 34.46 -87.64 22.20 50.30 -55.86
Depreciation 1.70 1.38 23.19 4.83 4.03 19.85 5.01 4.92 1.83
PBT 0.62 0.85 -27.06 -0.57 30.43 -101.87 17.19 45.38 -62.12
TAX 0.00 0.00 0.00 0.00 7.50 0.00 6.65 9.70 -31.44
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 2.65 0.00 0.00
PAT 0.62 0.85 -27.06 -0.57 22.93 -102.49 10.54 35.68 -70.46
Equity 85.53 85.53 0.00 85.53 85.53 0.00 85.53 85.53 0.00
PBIDTM(%) 2.23 1.29 72.36 1.58 3.56 -55.72 2.54 4.05 -37.37
Peers
Company Name CMP
Godrej Industries 1096.50
SRF 2544.35
BASF India 3547.45
Pidilite Inds. 1561.40
Tata Chemicals 664.20
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