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IP Rings - Quaterly Results

27 May 2024 Evaluate
The revenue zoomed 16.38% to Rs. 888.18 millions for the quarter ended March 2024 as compared to Rs. 763.15 millions during the corresponding quarter last year.The Total Profit for the quarter ended March 2024 of Rs. 14.48 millions grew from Rs.-13.96 millionsThe company reported a good operating profit of 89.98 millions compared to 53.51 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 888.18 763.15 16.38 3167.19 3232.96 -2.03 3167.19 3232.96 -2.03
Other Income 2.34 2.47 -5.26 25.36 33.42 -24.12 25.36 33.42 -24.12
PBIDT 89.98 53.51 68.16 255.51 292.04 -12.51 255.51 292.04 -12.51
Interest 28.01 30.80 -9.06 114.80 108.70 5.61 114.80 108.70 5.61
PBDT 61.97 22.71 172.88 140.71 183.34 -23.25 140.71 183.34 -23.25
Depreciation 41.47 42.29 -1.94 168.65 159.48 5.75 168.65 159.48 5.75
PBT 20.50 -19.58 -204.70 -27.94 23.86 -217.10 -27.94 23.86 -217.10
TAX 6.02 -5.62 -207.12 -0.62 6.50 -109.54 -0.62 6.50 -109.54
Deferred Tax 6.02 -5.62 -207.12 -0.62 6.50 -109.54 -0.62 6.50 -109.54
PAT 14.48 -13.96 -203.72 -27.32 17.36 -257.37 -27.32 17.36 -257.37
Equity 126.76 126.76 0.00 126.76 126.76 0.00 126.76 126.76 0.00
PBIDTM(%) 10.13 7.01 44.48 8.07 9.03 -10.69 8.07 9.03 -10.69
Peers
Company Name CMP
SamvardhanaMotherson 154.90
Tube Investments 2101.00
Bosch 44342.95
UNO Minda 1068.20
Bombay Burmah Trdg. 1156.40
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