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Platinum Industries - Quaterly Results

14 May 2024 Evaluate
The revenue zoomed 24.77% to Rs. 731.07 millions for the quarter ended March 2024 as compared to Rs. 585.95 millions during the corresponding quarter last year.Net profit showed a marginal rise at Rs. 105.64 millions for the quarter ended March 2024, as compared to corresponding quarter of last year.The company reported a good operating profit of 152.92 millions compared to 148.24 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 731.07 585.95 24.77 2517.92 2342.08 7.51 2517.92 2342.08 7.51
Other Income 7.76 1.76 340.91 14.77 5.86 152.05 14.77 5.86 152.05
PBIDT 152.92 148.24 3.16 617.66 522.37 18.24 617.66 522.37 18.24
Interest 1.17 6.30 -81.43 17.18 19.95 -13.88 17.18 19.95 -13.88
PBDT 151.75 141.94 6.91 600.48 502.42 19.52 600.48 502.42 19.52
Depreciation 3.98 2.95 34.92 16.49 11.12 48.29 16.49 11.12 48.29
PBT 147.77 138.99 6.32 583.99 491.30 18.87 583.99 491.30 18.87
TAX 42.13 37.94 11.04 150.70 129.35 16.51 150.70 129.35 16.51
Deferred Tax 0.08 0.73 -89.04 -1.95 -0.01 19400.00 -1.95 -0.01 19400.00
PAT 105.64 101.05 4.54 433.29 361.95 19.71 433.29 361.95 19.71
Equity 549.25 402.53 36.45 549.25 402.53 36.45 549.25 402.53 36.45
PBIDTM(%) 20.92 25.30 -17.32 24.53 22.30 9.98 24.53 22.30 9.98
Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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