MoneyWorks4Me

HOV Services - Quaterly Results

28 May 2024 Evaluate
A decent increase of about 36.30% in the sales to Rs. 42.69 millions was observed for the quarter ended March 2024. The sales figure stood at Rs. 31.32 millions during the year-ago period.Net profit stood at Rs. 8.10  millions  compared to Rs. 7.06 millions in the corresponding previous quarter,high by 14.73%.Operating profit for the quarter ended March 2024 rose to 12.80 millions as compared to 9.46 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 42.69 31.32 36.30 161.24 120.55 33.75 161.24 120.55 33.75
Other Income 4.67 4.47 4.47 17.24 19.44 -11.32 17.24 19.44 -11.32
PBIDT 12.80 9.46 35.31 44.17 43.46 1.63 44.17 43.46 1.63
Interest 0.28 0.38 -26.32 1.29 1.60 -19.37 1.29 1.60 -19.37
PBDT 12.52 9.08 37.89 63.58 41.86 51.89 63.58 41.86 51.89
Depreciation 1.58 1.58 0.00 6.31 6.05 4.30 6.31 6.05 4.30
PBT 10.94 7.50 45.87 57.27 35.81 59.93 57.27 35.81 59.93
TAX 2.84 0.44 545.45 10.08 9.68 4.13 10.08 9.68 4.13
Deferred Tax 0.50 -0.29 -272.41 0.20 -0.30 -166.67 0.20 -0.30 -166.67
PAT 8.10 7.06 14.73 47.19 26.13 80.60 47.19 26.13 80.60
Equity 125.95 125.95 0.00 125.95 125.95 0.00 125.95 125.95 0.00
PBIDTM(%) 29.98 30.20 -0.73 27.39 36.05 -24.01 27.39 36.05 -24.01
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