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Greaves Cotton - Quaterly Results

08 May 2024 Evaluate
A fair growth of 10.20% in the revenue at Rs. 4813.00 millions was reported in the March 2024 quarter as compared to Rs. 4367.50 millions during year-ago period.A comparatively good net profit growth of 34.02% to Rs. 394.70 millions was reported for the quarter ended March 2024 compared to Rs. 294.50 millions of previous same quarter.Operating Profit saw a handsome growth to 671.60 millions from 667.50 millions in the quarter ended March 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 4813.00 4367.50 10.20 17785.90 15497.60 14.77 17785.90 15497.60 14.77
Other Income 109.30 149.80 -27.04 382.90 425.30 -9.97 382.90 425.30 -9.97
PBIDT 671.60 667.50 0.61 2698.00 1939.40 39.12 2698.00 1939.40 39.12
Interest 4.20 4.80 -12.50 17.70 21.10 -16.11 17.70 21.10 -16.11
PBDT 655.30 542.90 20.70 4067.30 1988.20 104.57 4067.30 1988.20 104.57
Depreciation 114.30 91.70 24.65 410.10 381.00 7.64 410.10 381.00 7.64
PBT 541.00 451.20 19.90 3657.20 1607.20 127.55 3657.20 1607.20 127.55
TAX 146.30 156.70 -6.64 813.60 456.20 78.34 813.60 456.20 78.34
Deferred Tax -3.00 6.40 -146.88 -7.50 8.10 -192.59 -7.50 8.10 -192.59
PAT 394.70 294.50 34.02 2843.60 1151.00 147.05 2843.60 1151.00 147.05
Equity 464.00 463.30 0.15 464.00 463.30 0.15 464.00 463.30 0.15
PBIDTM(%) 13.95 15.28 -8.70 15.17 12.51 21.22 15.17 12.51 21.22
Peers
Company Name CMP
Cummins India 4871.00
Kirloskar Oil Engine 2040.65
Greaves Cotton 187.00
Swaraj Engines 3559.60
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