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Shriram Pistons & Rings - Quaterly Results

13 May 2024 Evaluate
The revenue for the March 2024 quarter is pegged at Rs. 7813.20 millions, about 12.14% up against Rs. 6967.10 millions recorded during the year-ago period.A comparatively good net profit growth of 30.21% to Rs. 1205.50 millions was reported for the quarter ended March 2024 compared to Rs. 925.80 millions of previous same quarter.Operating profit surged to 1906.10 millions from the corresponding previous quarter of 1534.10 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 7813.20 6967.10 12.14 29537.20 26050.30 13.39 29537.20 26050.30 13.39
Other Income 216.10 160.90 34.31 813.40 462.30 75.95 813.40 462.30 75.95
PBIDT 1906.10 1534.10 24.25 7114.00 5097.20 39.57 7114.00 5097.20 39.57
Interest 64.60 63.80 1.25 251.60 194.40 29.42 251.60 194.40 29.42
PBDT 1841.50 1470.30 25.25 6862.40 4902.80 39.97 6862.40 4902.80 39.97
Depreciation 224.50 224.70 -0.09 873.70 933.40 -6.40 873.70 933.40 -6.40
PBT 1617.00 1245.60 29.82 5988.70 3969.40 50.87 5988.70 3969.40 50.87
TAX 411.50 319.80 28.67 1520.90 1013.60 50.05 1520.90 1013.60 50.05
Deferred Tax 14.00 -40.60 -134.48 -2.90 -32.30 -91.02 -2.90 -32.30 -91.02
PAT 1205.50 925.80 30.21 4467.80 2955.80 51.15 4467.80 2955.80 51.15
Equity 440.50 220.20 100.05 440.50 220.20 100.05 440.50 220.20 100.05
PBIDTM(%) 24.40 22.02 10.79 24.08 19.57 23.09 24.08 19.57 23.09
Peers
Company Name CMP
SamvardhanaMotherson 164.30
Tube Investments 2607.25
Bosch 48388.75
UNO Minda 1202.40
Bombay Burmah Trdg. 1423.10
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