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Polychem - Quaterly Results

14 May 2024 Evaluate
The sales for the March 2024 quarter moved up 49.64% to Rs. 105.17 millions as compared to Rs. 70.28 millions during the corresponding quarter last year.The Net Profit of the company vaulted to 289.46% to Rs. 19.59  millions from Rs. 5.03 millions in the previous quarter.Operating profit surged to 27.33 millions from the corresponding previous quarter of 8.59 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 105.17 70.28 49.64 368.68 352.19 4.68 368.68 352.19 4.68
Other Income 3.81 1.15 231.30 13.19 4.95 166.46 13.19 4.95 166.46
PBIDT 27.33 8.59 218.16 86.37 52.11 65.75 86.37 52.11 65.75
Interest 0.28 0.17 64.71 1.04 0.62 67.74 1.04 0.62 67.74
PBDT 27.05 8.42 221.26 85.33 51.49 65.72 85.33 51.49 65.72
Depreciation 2.12 2.07 2.42 8.24 5.48 50.36 8.24 5.48 50.36
PBT 24.93 6.35 292.60 77.09 46.01 67.55 77.09 46.01 67.55
TAX 5.34 1.32 304.55 16.71 8.79 90.10 16.71 8.79 90.10
Deferred Tax -0.06 -0.24 -75.00 -0.46 -0.17 170.59 -0.46 -0.17 170.59
PAT 19.59 5.03 289.46 60.38 37.22 62.22 60.38 37.22 62.22
Equity 4.04 4.04 0.00 4.04 4.04 0.00 4.04 4.04 0.00
PBIDTM(%) 25.99 12.22 112.61 23.43 14.80 58.33 23.43 14.80 58.33
Peers
Company Name CMP
Godrej Industries 1095.00
SRF 2534.10
BASF India 3581.00
Pidilite Inds. 1570.55
Tata Chemicals 674.00
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