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Platinum Industries - Quaterly Results

14 May 2024 Evaluate
A fair growth of 24.77% in the revenue at Rs. 731.07 millions was reported in the March 2024 quarter as compared to Rs. 585.95 millions during year-ago period.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.Operating Profit saw a handsome growth to 152.92 millions from 148.24 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 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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