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Vishal Bearings - Quaterly Results

13 May 2024 Evaluate
The sales is pegged at Rs. 185.95 millions for the March 2024 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 254.84 millions during the year-ago period.The Net Loss for the quarter ended March 2024 is Rs. -4.12 millions as compared to Net Profit of Rs. 16.39 millions of corresponding quarter ended March 2023The company reported a degrowth in operating Profit to 19.08 millions from 37.88 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 185.95 254.84 -27.03 987.03 1155.15 -14.55 987.03 1155.15 -14.55
Other Income 0.77 0.29 165.52 0.92 0.44 109.09 0.92 0.44 109.09
PBIDT 19.08 37.88 -49.63 100.59 198.30 -49.27 100.59 198.30 -49.27
Interest 8.84 9.57 -7.63 34.53 42.53 -18.81 34.53 42.53 -18.81
PBDT 10.24 28.31 -63.83 66.06 155.77 -57.59 66.06 155.77 -57.59
Depreciation 15.35 11.69 31.31 50.19 46.95 6.90 50.19 46.95 6.90
PBT -5.11 16.62 -130.75 15.87 108.82 -85.42 15.87 108.82 -85.42
TAX -0.99 0.23 -530.43 4.81 28.67 -83.22 4.81 28.67 -83.22
Deferred Tax 0.26 -0.97 -126.80 -0.74 -3.13 -76.36 -0.74 -3.13 -76.36
PAT -4.12 16.39 -125.14 11.06 80.15 -86.20 11.06 80.15 -86.20
Equity 107.91 107.91 0.00 107.91 107.91 0.00 107.91 107.91 0.00
PBIDTM(%) 10.26 14.86 -30.97 10.19 17.17 -40.63 10.19 17.17 -40.63
Peers
Company Name CMP
Schaeffler India 3529.50
Timken India 2999.70
SKF India 1471.20
NRB Bearings 469.75
Menon Bearings 316.95
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