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Aveer Foods - Quaterly Results

28 May 2024 Evaluate
The revenue zoomed 5.39% to Rs. 253.97 millions for the quarter ended March 2024 as compared to Rs. 240.97 millions during the corresponding quarter last year.The company suffered a huge decline of -93.95% to Rs. 0.69  millions from Rs. 11.40 millions  of corresponding previous quarter.A decline of 10.68 millions was observed in the OP in the quarter ended March 2024 from 16.73 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 253.97 240.97 5.39 963.98 976.00 -1.23 963.98 976.00 -1.23
Other Income 0.01 0.17 -94.12 0.06 0.37 -83.78 0.06 0.37 -83.78
PBIDT 10.68 16.73 -36.16 56.86 34.69 63.91 56.86 34.69 63.91
Interest 1.56 1.77 -11.86 11.46 11.22 2.14 11.46 11.22 2.14
PBDT 9.12 14.96 -39.04 45.40 23.47 93.44 45.40 23.47 93.44
Depreciation 8.43 3.56 136.80 32.86 13.24 148.19 32.86 13.24 148.19
PBT 0.69 11.40 -93.95 12.54 10.23 22.58 12.54 10.23 22.58
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.69 11.40 -93.95 12.54 10.23 22.58 12.54 10.23 22.58
Equity 40.28 40.28 0.00 40.28 40.28 0.00 40.28 40.28 0.00
PBIDTM(%) 4.21 6.94 -39.43 5.90 3.55 65.95 5.90 3.55 65.95
Peers
Company Name CMP
Nestle India 1384.00
Varun Beverages 416.25
Britannia Industries 4970.00
LT Foods 437.85
Hatsun Agro Product 1222.80
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