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Eco Recycling - Quaterly Results

15 May 2024 Evaluate
The turnover soared 59.92% to Rs. 80.60 millions for the March 2024 quarter as compared to Rs. 50.40 millions during the corresponding quarter last year.The Total Profit for the quarter ended March 2024 of Rs. 26.80 millions grew from Rs.-37.10 millions Operating profit Margin for the quarter ended March 2024 improved to 43.00% as compared to -31.10% of corresponding quarter ended March 2023


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 80.60 50.40 59.92 280.20 177.30 58.04 280.20 177.30 58.04
Other Income 5.00 -2.40 -308.33 46.10 37.00 24.59 46.10 37.00 24.59
PBIDT 43.00 -31.10 -238.26 211.00 76.20 176.90 211.00 76.20 176.90
Interest 3.50 0.30 1066.67 7.00 1.50 366.67 7.00 1.50 366.67
PBDT 39.50 -31.40 -225.80 204.00 74.70 173.09 204.00 74.70 173.09
Depreciation -2.60 2.00 -230.00 8.00 9.30 -13.98 8.00 9.30 -13.98
PBT 42.10 -33.40 -226.05 196.00 65.40 199.69 196.00 65.40 199.69
TAX 15.30 3.70 313.51 34.10 3.70 821.62 34.10 3.70 821.62
Deferred Tax -1.90 -8.00 -76.25 -0.70 -8.00 -91.25 -0.70 -8.00 -91.25
PAT 26.80 -37.10 -172.24 161.90 61.70 162.40 161.90 61.70 162.40
Equity 193.00 193.00 0.00 193.00 193.00 0.00 193.00 193.00 0.00
PBIDTM(%) 53.35 -61.71 -186.46 75.30 42.98 75.21 75.30 42.98 75.21
Peers
Company Name CMP
VA Tech Wabag 1794.55
ION Exchage 338.70
Refex Industries 219.65
Antony WasteHandling 292.10
Race Eco Chain 105.00
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