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Mangal Credit & Fin - Quaterly Results

07 May 2024 Evaluate
The sales figure stood at Rs. 94.33 millions for the March 2024 quarter. The mentioned figure indicates a growth of about 42.71% as compared to Rs. 66.10 millions during the year-ago period.Profit saw a slight increase of 19.27%to Rs. 25.93  millions from Rs. 21.74 millions.Operating profit surged to 64.59 millions from the corresponding previous quarter of 46.65 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 94.33 66.10 42.71 331.95 212.58 56.15 331.95 212.58 56.15
Other Income 0.00 0.29 0.00 0.80 1.41 -43.26 0.80 1.41 -43.26
PBIDT 64.59 46.65 38.46 245.34 158.82 54.48 245.34 158.82 54.48
Interest 27.47 15.97 72.01 94.95 45.76 107.50 94.95 45.76 107.50
PBDT 37.12 30.68 20.99 150.39 113.06 33.02 150.39 113.06 33.02
Depreciation 2.07 1.66 24.70 7.14 5.28 35.23 7.14 5.28 35.23
PBT 35.05 29.02 20.78 143.25 107.78 32.91 143.25 107.78 32.91
TAX 9.12 7.28 25.27 37.79 28.65 31.90 37.79 28.65 31.90
Deferred Tax -1.97 -0.49 302.04 -2.02 -1.52 32.89 -2.02 -1.52 32.89
PAT 25.93 21.74 19.27 105.46 79.13 33.27 105.46 79.13 33.27
Equity 195.64 193.14 1.29 195.64 193.14 1.29 195.64 193.14 1.29
PBIDTM(%) 68.47 70.57 -2.98 73.91 74.71 -1.07 73.91 74.71 -1.07
Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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