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Cubex Tubings - Quaterly Results

20 May 2024 Evaluate
The sales for the March 2024 quarter moved down to Rs. 502.63 millions as compared to Rs. 595.53 millions during the year-ago period.Net profit declined -21.13% to Rs. 10.15 millions from Rs. 12.87 millions.Operating profit for the quarter ended March 2024 decreased to 18.62 millions as compared to 25.50 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 502.63 595.53 -15.60 2225.17 1929.60 15.32 2225.17 1929.60 15.32
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBIDT 18.62 25.50 -26.98 83.55 64.43 29.68 83.55 64.43 29.68
Interest 5.67 3.30 71.82 17.13 9.13 87.62 17.13 9.13 87.62
PBDT 12.95 22.20 -41.67 66.42 55.30 20.11 66.42 55.30 20.11
Depreciation 3.30 3.73 -11.53 13.47 14.07 -4.26 13.47 14.07 -4.26
PBT 9.65 18.47 -47.75 52.95 41.23 28.43 52.95 41.23 28.43
TAX -0.50 5.60 -108.93 13.08 14.76 -11.38 13.08 14.76 -11.38
Deferred Tax 2.71 -0.04 -6875.00 4.24 2.79 51.97 4.24 2.79 51.97
PAT 10.15 12.87 -21.13 39.87 26.47 50.62 39.87 26.47 50.62
Equity 142.60 142.60 0.00 142.60 142.60 0.00 142.60 142.60 0.00
PBIDTM(%) 3.70 4.28 -13.48 3.75 3.34 12.45 3.75 3.34 12.45
Peers
Company Name CMP
Hindalco Industries 942.30
Vedanta 258.90
Hindustan Zinc 565.30
Jain Resource Recycl 292.60
CMR Green Tech 225.00
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