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A decrease in the sales to Rs. 135.48 millions was observed for the quarter ended March 2024. The sales stood at Rs. 145.53 millions during the similar quarter previous year.A humble growth in net profit of 11.85% reported in the quarter ended March 2024 to Rs. 9.63  millions from Rs. 8.61 millions.The company reported a good operating profit of 27.64 millions compared to 18.15 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 135.48 145.53 -6.91 525.96 508.64 3.41 525.96 508.64 3.41
Other Income 27.67 10.16 172.34 116.41 54.13 115.06 116.41 54.13 115.06
PBIDT 27.64 18.15 52.29 113.65 70.57 61.05 113.65 70.57 61.05
Interest 0.19 0.13 46.15 0.73 0.65 12.31 0.73 0.65 12.31
PBDT 27.45 18.02 52.33 112.92 69.92 61.50 112.92 69.92 61.50
Depreciation 5.86 5.97 -1.84 24.60 24.39 0.86 24.60 24.39 0.86
PBT 21.59 12.05 79.17 88.32 45.53 93.98 88.32 45.53 93.98
TAX 11.96 3.44 247.67 15.94 5.95 167.90 15.94 5.95 167.90
Deferred Tax 6.24 -2.68 -332.84 -3.21 -7.44 -56.85 -3.21 -7.44 -56.85
PAT 9.63 8.61 11.85 72.38 39.58 82.87 72.38 39.58 82.87
Equity 67.24 67.24 0.00 67.24 67.24 0.00 67.24 67.24 0.00
PBIDTM(%) 20.40 12.47 63.58 21.61 13.87 55.74 21.61 13.87 55.74
Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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