MoneyWorks4Me

The turnover soared 53.95% to Rs. 3111.07 millions for the March 2024 quarter as compared to Rs. 2020.78 millions during the corresponding quarter last year.Net Profit witnessed a 113.77% growth almost the double from Rs. 138.01 millions to Rs. 295.03  millions  of same quarter last year.Operating profit for the quarter ended March 2024 rose to 290.73 millions as compared to 178.47 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 3111.07 2020.78 53.95 10472.75 7964.66 31.49 10472.75 7964.66 31.49
Other Income 33.02 65.95 -49.93 89.09 162.53 -45.19 89.09 162.53 -45.19
PBIDT 290.73 178.47 62.90 959.83 642.02 49.50 959.83 642.02 49.50
Interest 8.80 17.65 -50.14 51.57 71.77 -28.15 51.57 71.77 -28.15
PBDT 281.93 160.82 75.31 908.26 570.25 59.27 908.26 570.25 59.27
Depreciation 25.23 22.81 10.61 92.72 92.58 0.15 92.72 92.58 0.15
PBT 256.70 138.01 86.00 815.54 477.67 70.73 815.54 477.67 70.73
TAX -38.33 0.00 0.00 -38.33 0.00 0.00 -38.33 0.00 0.00
Deferred Tax -38.33 0.00 0.00 -38.33 0.00 0.00 -38.33 0.00 0.00
PAT 295.03 138.01 113.77 853.87 477.67 78.76 853.87 477.67 78.76
Equity 606.87 388.37 56.26 606.87 388.37 56.26 606.87 388.37 56.26
PBIDTM(%) 9.35 8.83 5.81 9.17 8.06 13.70 9.17 8.06 13.70
Peers
Company Name CMP
Polycab India 8400.00
KEI Industries 4679.50
RR Kabel Ltd. 2527.00
Finolex Cables 1460.40
Precision Wire India 502.25
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