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Sharda Motor Inds. - Quaterly Results

23 May 2024 Evaluate
The Total revenue for the quarter ended March 2024 of  Rs. 7033.94 millions remain, more or less, the same.The company has announced a 41.59% increase in its profits to Rs . 857.26  millions for the  quarter ended March 2024 compared to Rs. 605.47 millions in the corresponding quarter in the previous year.The company reported a good operating profit of 1283.35 millions compared to 948.24 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 7033.94 6881.64 2.21 28092.62 26999.36 4.05 28092.62 26999.36 4.05
Other Income 289.12 137.00 111.04 878.54 417.36 110.50 878.54 417.36 110.50
PBIDT 1283.35 948.24 35.34 4492.89 3234.97 38.89 4492.89 3234.97 38.89
Interest 2.01 1.60 25.62 22.08 19.12 15.48 22.08 19.12 15.48
PBDT 1281.34 946.64 35.36 4470.81 3215.85 39.02 4470.81 3215.85 39.02
Depreciation 139.53 140.76 -0.87 525.57 462.72 13.58 525.57 462.72 13.58
PBT 1141.81 805.88 41.68 3945.24 2753.13 43.30 3945.24 2753.13 43.30
TAX 284.55 200.41 41.98 996.27 698.87 42.55 996.27 698.87 42.55
Deferred Tax -1.78 -4.55 -60.88 15.34 -18.49 -182.96 15.34 -18.49 -182.96
PAT 857.26 605.47 41.59 2948.97 2054.26 43.55 2948.97 2054.26 43.55
Equity 59.46 59.46 0.00 59.46 59.46 0.00 59.46 59.46 0.00
PBIDTM(%) 18.25 13.78 32.41 15.99 11.98 33.48 15.99 11.98 33.48
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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