MoneyWorks4Me

Steel Strips Wheels - Quaterly Results

23 May 2024 Evaluate
The company witnessed a 6.34% growth in the revenue at Rs. 10686.72 millions for the quarter ended March 2024 as compared to Rs. 10049.25 millions during the year-ago period.Net Profit recorded in the quarter ended March 2024 rise to 27.58% to Rs. 603.45  millions  compared to R. 472.98 millions in corresponding previous quarter.Operating profit for the quarter ended March 2024 rose to 1182.83 millions as compared to 1151.55 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 10686.72 10049.25 6.34 43570.95 40405.45 7.83 43570.95 40405.45 7.83
Other Income 72.04 66.96 7.59 160.64 124.02 29.53 160.64 124.02 29.53
PBIDT 1182.83 1151.55 2.72 4812.58 4552.06 5.72 4812.58 4552.06 5.72
Interest 280.00 226.86 23.42 1026.66 835.45 22.89 1026.66 835.45 22.89
PBDT 902.83 924.69 -2.36 3785.92 3716.61 1.86 3785.92 3716.61 1.86
Depreciation 225.33 199.52 12.94 899.53 804.41 11.82 899.53 804.41 11.82
PBT 677.50 725.17 -6.57 2886.39 2912.20 -0.89 2886.39 2912.20 -0.89
TAX 74.05 252.19 -70.64 687.44 974.21 -29.44 687.44 974.21 -29.44
Deferred Tax -285.06 1.86 -15425.81 -251.94 22.77 -1206.46 -251.94 22.77 -1206.46
PAT 603.45 472.98 27.58 2198.95 1937.99 13.47 2198.95 1937.99 13.47
Equity 156.93 156.51 0.27 156.93 156.51 0.27 156.93 156.51 0.27
PBIDTM(%) 11.07 11.46 -3.41 11.05 11.27 -1.96 11.05 11.27 -1.96
Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
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