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Polychem - Quaterly Results

14 May 2024 Evaluate
The sales figure stood at Rs. 105.17 millions for the March 2024 quarter. The mentioned figure indicates a growth of about 49.64% as compared to Rs. 70.28 millions during the year-ago period.Net Profit for the quarter ended March 2024 zoomed to 289.46% from Rs. 5.03 millions to Rs. 19.59  millions.The company reported a good operating profit of 27.33 millions compared to 8.59 millions of corresponding previous quarter.


(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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