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The sales for the March 2024 quarter moved down -33.32% to Rs. 301.00 millions as compared to Rs. 451.41 millions during the year ago period.The Net Loss for the quarter ended March 2024 is Rs. -2.67 millions as compared to Net Profit of Rs. 19.91 millions of corresponding quarter ended March 2023The company reported a degrowth in operating Profit to 10.37 millions from 25.64 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 301.00 451.41 -33.32 1305.35 1702.82 -23.34 1305.35 1702.82 -23.34
Other Income 4.24 0.75 465.33 26.11 3.32 686.45 26.11 3.32 686.45
PBIDT 10.37 25.64 -59.56 62.47 56.89 9.81 62.47 56.89 9.81
Interest 8.86 3.04 191.45 26.22 38.08 -31.14 26.22 38.08 -31.14
PBDT 1.51 22.60 -93.32 36.25 18.81 92.72 36.25 18.81 92.72
Depreciation 3.66 2.89 26.64 12.38 11.52 7.47 12.38 11.52 7.47
PBT -2.15 19.71 -110.91 23.87 7.29 227.43 23.87 7.29 227.43
TAX 0.52 -0.20 -360.00 2.39 0.99 141.41 2.39 0.99 141.41
Deferred Tax -1.94 0.44 -540.91 -1.94 -0.44 340.91 -1.94 -0.44 340.91
PAT -2.67 19.91 -113.41 21.48 6.30 240.95 21.48 6.30 240.95
Equity 34.00 34.00 0.00 34.00 34.00 0.00 34.00 34.00 0.00
PBIDTM(%) 3.45 5.68 -39.35 4.79 3.34 43.25 4.79 3.34 43.25
Peers
Company Name CMP
Supreme Industries 3654.70
Astral 1569.55
Finolex Inds 177.95
Nilkamal 1302.00
Jain Irrigation Sys 35.10
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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