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Tide Water Oil Co(I) - Quaterly Results

18 May 2024 Evaluate
The revenue declined to Rs. 3873.60 millions for the quarter ended March 2024 as compared to Rs. 3886.80 millions during the corresponding quarter last year.The Profit  for the quarter ended March 2024 of  Rs. 371.60  millions  grew by 63.48% from Rs. 227.30 millions.Operating profit surged to 474.50 millions from the corresponding previous quarter of 297.20 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 3873.60 3886.80 -0.34 15551.30 14923.60 4.21 15551.30 14923.60 4.21
Other Income 188.60 95.00 98.53 572.00 360.10 58.84 572.00 360.10 58.84
PBIDT 474.50 297.20 59.66 1482.50 1174.70 26.20 1482.50 1174.70 26.20
Interest 2.40 2.90 -17.24 11.60 12.00 -3.33 11.60 12.00 -3.33
PBDT 472.10 294.30 60.41 1470.90 1162.70 26.51 1470.90 1162.70 26.51
Depreciation 24.10 23.50 2.55 97.80 102.00 -4.12 97.80 102.00 -4.12
PBT 448.00 270.80 65.44 1373.10 1060.70 29.45 1373.10 1060.70 29.45
TAX 76.40 43.50 75.63 265.90 211.80 25.54 265.90 211.80 25.54
Deferred Tax 1.70 -0.10 -1800.00 -1.80 -8.00 -77.50 -1.80 -8.00 -77.50
PAT 371.60 227.30 63.48 1107.20 848.90 30.43 1107.20 848.90 30.43
Equity 34.00 34.00 0.00 34.00 34.00 0.00 34.00 34.00 0.00
PBIDTM(%) 12.25 7.65 60.20 9.53 7.87 21.11 9.53 7.87 21.11

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