MoneyWorks4Me

Steel Strips Wheels - Quaterly Results

23 May 2024 Evaluate
A fair growth of 6.34% in the revenue at Rs. 10686.72 millions was reported in the March 2024 quarter as compared to Rs. 10049.25 millions during year-ago period.The company has announced a 27.58% increase in its profits to Rs . 603.45  millions for the  quarter ended March 2024 compared to Rs. 472.98 millions in the corresponding quarter in the previous year.Operating profit surged to 1182.83 millions from the corresponding previous quarter of 1151.55 millions.


(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
View more..