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Avon Mercantile - Quaterly Results

13 May 2024 Evaluate
A decrease of about -40.34% in the sales to Rs. 6.36 millions was observed for the quarter ended March 2024. The sales stood at Rs. 10.66 millions during the similar quarter previous year.The Total Profit for the quarter ended March 2024 of Rs. 1.34 millions grew from Rs.-22.34 millions Operating profit Margin for the quarter ended March 2024 improved to 6.12% as compared to -7.60% 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 6.36 10.66 -40.34 43.36 58.56 -25.96 43.36 58.56 -25.96
Other Income 2.82 32.10 -91.21 3.12 32.60 -90.43 3.12 32.60 -90.43
PBIDT 6.12 -7.60 -180.53 35.53 32.85 8.16 35.53 32.85 8.16
Interest 4.76 14.73 -67.68 34.05 61.93 -45.02 34.05 61.93 -45.02
PBDT 1.36 -22.33 -106.09 1.48 -29.08 -105.09 1.48 -29.08 -105.09
Depreciation 0.02 0.01 100.00 0.06 0.03 100.00 0.06 0.03 100.00
PBT 1.34 -22.34 -106.00 1.42 -29.11 -104.88 1.42 -29.11 -104.88
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 1.34 -22.34 -106.00 1.42 -29.11 -104.88 1.42 -29.11 -104.88
Equity 74.77 74.77 0.00 74.77 74.77 0.00 74.77 74.77 0.00
PBIDTM(%) 96.23 -71.29 -234.97 81.94 56.10 46.07 81.94 56.10 46.07
Peers
Company Name CMP
Bajaj Finserv 1769.00
TVS Holdings 12604.30
Cholamandalam Fin. 1401.90
Altius Telecom Infra 175.00
Kama Holdings 2233.20
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