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AION-Tech Solutions - Quaterly Results

23 May 2024 Evaluate
The company witnessed a 8.39% growth in the revenue at Rs. 219.43 millions for the quarter ended March 2024 as compared to Rs. 202.44 millions during the year-ago period.The Total Profit for the quarter ended March 2024 of Rs. 8.71 millions grew from Rs.-0.10 millionsThe company reported a good operating profit of 15.04 millions compared to 6.57 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 219.43 202.44 8.39 790.08 748.60 5.54 790.08 748.60 5.54
Other Income 4.85 3.43 41.40 12.33 11.35 8.63 12.33 11.35 8.63
PBIDT 15.04 6.57 128.92 50.28 48.92 2.78 50.28 48.92 2.78
Interest 1.88 1.63 15.34 5.70 3.36 69.64 5.70 3.36 69.64
PBDT 13.16 4.94 166.40 44.58 45.56 -2.15 44.58 45.56 -2.15
Depreciation 6.51 4.18 55.74 15.95 7.47 113.52 15.95 7.47 113.52
PBT 6.65 0.76 775.00 28.63 38.09 -24.84 28.63 38.09 -24.84
TAX -2.06 0.86 -339.53 5.24 11.60 -54.83 5.24 11.60 -54.83
Deferred Tax -2.20 -1.56 41.03 -1.40 -0.82 70.73 -1.40 -0.82 70.73
PAT 8.71 -0.10 -8810.00 23.39 26.49 -11.70 23.39 26.49 -11.70
Equity 345.82 345.82 0.00 345.82 345.82 0.00 345.82 345.82 0.00
PBIDTM(%) 6.85 3.25 111.19 6.36 6.53 -2.62 6.36 6.53 -2.62
Peers
Company Name CMP
TCS 2302.00
Infosys 1088.90
HCL Technologies 1329.00
Wipro 171.00
Tech Mahindra 1576.00
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