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BMW Industries - Quaterly Results

15 May 2024 Evaluate
A fair growth of 5.45% in the revenue at Rs. 1285.91 millions was reported in the March 2024 quarter as compared to Rs. 1219.40 millions during year-ago period.The company has announced a 37.87% increase in its profits to Rs . 183.02  millions for the  quarter ended March 2024 compared to Rs. 132.75 millions in the corresponding quarter in the previous year.Operating profit for the quarter ended March 2024 rose to 366.44 millions as compared to 241.28 millions 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 1285.91 1219.40 5.45 5353.30 5076.80 5.45 5353.30 5076.80 5.45
Other Income 1.94 35.20 -94.49 41.01 87.53 -53.15 41.01 87.53 -53.15
PBIDT 366.44 241.28 51.87 1377.52 1185.62 16.19 1377.52 1185.62 16.19
Interest 40.65 61.08 -33.45 195.80 236.80 -17.31 195.80 236.80 -17.31
PBDT 325.79 180.20 80.79 1181.72 948.82 24.55 1181.72 948.82 24.55
Depreciation 86.91 -8.34 -1142.09 381.79 334.08 14.28 381.79 334.08 14.28
PBT 238.88 188.54 26.70 799.93 614.74 30.12 799.93 614.74 30.12
TAX 55.86 55.79 0.13 209.32 173.26 20.81 209.32 173.26 20.81
Deferred Tax -19.95 31.48 -163.37 6.00 125.87 -95.23 6.00 125.87 -95.23
PAT 183.02 132.75 37.87 590.61 441.48 33.78 590.61 441.48 33.78
Equity 225.09 225.09 0.00 225.09 225.09 0.00 225.09 225.09 0.00
PBIDTM(%) 28.50 19.79 44.02 25.73 23.35 10.18 25.73 23.35 10.18
Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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