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Modern Dairies - Quaterly Results

18 May 2024 Evaluate
A fair growth of 20.89% in the revenue at Rs. 978.29 millions was reported in the March 2024 quarter as compared to Rs. 809.22 millions during year-ago period.The Net Profit of the company reported a remarkable increase of 142.56% to Rs. 63.43  millions  from Rs. 26.15 millions in previous same quarter.OP of the company witnessed a marginal growth to 78.12 millions from 49.49 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 978.29 809.22 20.89 3614.95 2174.89 66.21 3614.95 2174.89 66.21
Other Income 3.48 3.61 -3.60 5.47 12.69 -56.90 5.47 12.69 -56.90
PBIDT 78.12 49.49 57.85 221.85 180.01 23.24 221.85 180.01 23.24
Interest 6.88 14.58 -52.81 38.21 24.77 54.26 38.21 24.77 54.26
PBDT 71.06 34.77 104.37 376.57 155.10 142.79 376.57 155.10 142.79
Depreciation 7.63 8.62 -11.48 34.30 33.54 2.27 34.30 33.54 2.27
PBT 63.43 26.15 142.56 342.27 121.56 181.56 342.27 121.56 181.56
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 63.43 26.15 142.56 342.27 121.56 181.56 342.27 121.56 181.56
Equity 233.59 233.59 0.00 233.59 233.59 0.00 233.59 233.59 0.00
PBIDTM(%) 7.99 6.12 30.57 6.14 8.28 -25.85 6.14 8.28 -25.85
Peers
Company Name CMP
Nestle India 1336.00
Varun Beverages 430.00
Britannia Industries 4829.00
LT Foods 402.85
Hatsun Agro Product 1101.60
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