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Danlaw Technology - Quaterly Results

25 May 2024 Evaluate
The sales surged to Rs. 615.22 millions, up 27.50% for the March 2024 quarter as against Rs. 482.54 millions during the corresponding quarter previous year.The Net Profit of the company reported a remarkable increase of 178.67% to Rs. 66.24  millions  from Rs. 23.77 millions in previous same quarter.Operating profit for the quarter ended March 2024 rose to 107.53 millions as compared to 84.98 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 615.22 482.54 27.50 2109.81 1671.38 26.23 2109.81 1671.38 26.23
Other Income 1.30 0.75 73.33 2.78 7.61 -63.47 2.78 7.61 -63.47
PBIDT 107.53 84.98 26.54 365.46 208.53 75.26 365.46 208.53 75.26
Interest 5.94 8.82 -32.65 24.68 32.77 -24.69 24.68 32.77 -24.69
PBDT 101.59 76.16 33.39 340.78 175.76 93.89 340.78 175.76 93.89
Depreciation 9.30 37.39 -75.13 39.98 71.01 -43.70 39.98 71.01 -43.70
PBT 92.29 38.77 138.04 300.80 104.75 187.16 300.80 104.75 187.16
TAX 26.05 15.00 73.67 78.54 32.21 143.84 78.54 32.21 143.84
Deferred Tax 0.64 6.83 -90.63 0.48 24.17 -98.01 0.48 24.17 -98.01
PAT 66.24 23.77 178.67 222.26 72.54 206.40 222.26 72.54 206.40
Equity 48.71 48.71 0.00 48.71 48.71 0.00 48.71 48.71 0.00
PBIDTM(%) 17.48 17.61 -0.75 17.32 12.48 38.84 17.32 12.48 38.84
Peers
Company Name CMP
TCS 2101.00
Infosys 1050.15
HCL Technologies 1238.00
Wipro 166.00
Tech Mahindra 1530.70
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