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Foseco India - Quaterly Results

23 Feb 2024 Evaluate
A fair growth of 15.72% in the revenue at Rs. 1223.23 millions was reported in the December 2023 quarter as compared to Rs. 1057.07 millions during year-ago period.The company has announced a 33.09% increase in its profits to Rs . 163.13  millions for the  quarter ended December 2023 compared to Rs. 122.57 millions in the corresponding quarter in the previous year.Operating Profit saw a handsome growth to 237.64 millions from 199.98 millions in the quarter ended December 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202312 202212 % Var
Sales 1223.23 1057.07 15.72 4774.09 4067.35 17.38 4774.09 4067.35 17.38
Other Income 42.32 19.42 117.92 214.81 74.81 187.14 214.81 74.81 187.14
PBIDT 237.64 199.98 18.83 911.34 702.33 29.76 911.34 702.33 29.76
Interest 0.73 0.00 0.00 0.73 0.00 0.00 0.73 0.00 0.00
PBDT 240.91 199.98 20.47 1029.46 702.33 46.58 1029.46 702.33 46.58
Depreciation 22.91 37.43 -38.79 77.92 89.02 -12.47 77.92 89.02 -12.47
PBT 218.00 162.55 34.11 951.54 613.31 55.15 951.54 613.31 55.15
TAX 54.87 39.98 37.24 221.71 153.62 44.32 221.71 153.62 44.32
Deferred Tax 3.09 -4.11 -175.18 -1.74 -7.09 -75.46 -1.74 -7.09 -75.46
PAT 163.13 122.57 33.09 729.83 459.69 58.77 729.83 459.69 58.77
Equity 63.86 63.86 0.00 63.86 63.86 0.00 63.86 63.86 0.00
PBIDTM(%) 19.43 18.92 2.69 19.09 17.27 10.55 19.09 17.27 10.55
Peers
Company Name CMP
Godrej Industries 1105.95
SRF 2500.10
BASF India 3524.05
Pidilite Inds. 1502.30
Tata Chemicals 643.75
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