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Net sales declined -12.14%  to  Rs. 3966.30 million from Rs. 4514.10 millions.Net profit of the cmpany stood at Rs. 440.00 millions for the quarter ended March 2024 a decline of -49.90% from Rs. 878.20 millions  in the same quarter last year.A decline of 658.00 millions was observed in the OP in the quarter ended March 2024 from 1327.00 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 3966.30 4514.10 -12.14 14208.30 16281.40 -12.73 14208.30 16281.40 -12.73
Other Income 151.50 86.30 75.55 673.70 410.00 64.32 673.70 410.00 64.32
PBIDT 658.00 1327.00 -50.41 3028.80 4628.90 -34.57 3028.80 4628.90 -34.57
Interest 13.00 7.50 73.33 49.60 20.50 141.95 49.60 20.50 141.95
PBDT 645.00 1319.50 -51.12 3500.50 4608.40 -24.04 3500.50 4608.40 -24.04
Depreciation 160.00 70.60 126.63 575.80 426.00 35.16 575.80 426.00 35.16
PBT 485.00 1248.90 -61.17 2924.70 4182.40 -30.07 2924.70 4182.40 -30.07
TAX 45.00 370.70 -87.86 573.00 1057.50 -45.82 573.00 1057.50 -45.82
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 440.00 878.20 -49.90 2351.70 3124.90 -24.74 2351.70 3124.90 -24.74
Equity 99.10 99.10 0.00 99.10 99.10 0.00 99.10 99.10 0.00
PBIDTM(%) 16.59 29.40 -43.57 21.32 28.43 -25.02 21.32 28.43 -25.02
Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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