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MoneyWorks4Me

Spacenet Enterprises - Quaterly Results

28 May 2024 Evaluate
The turnover for the March 2024 quarter moved up 54.94% to Rs. 400.93 millions as compared to Rs. 258.76 millions during the year-ago period.Profit for the quarter ended March 2024 grew by 0.61% to Rs. 11.57 millions from Rs. 11.50 millions.The company reported a degrowth in operating Profit to 13.59 millions from 13.60 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 400.93 258.76 54.94 1026.95 1421.11 -27.74 1026.95 1421.11 -27.74
Other Income 2.18 0.33 560.61 3.25 4.17 -22.06 3.25 4.17 -22.06
PBIDT 13.59 13.60 -0.07 75.90 32.16 136.01 75.90 32.16 136.01
Interest 0.09 1.56 -94.23 0.22 3.20 -93.13 0.22 3.20 -93.13
PBDT 13.50 12.04 12.13 75.68 28.96 161.33 75.68 28.96 161.33
Depreciation 0.68 0.54 25.93 2.43 1.93 25.91 2.43 1.93 25.91
PBT 12.82 11.50 11.48 73.25 27.03 171.00 73.25 27.03 171.00
TAX 1.25 0.00 0.00 1.25 -1.08 -215.74 1.25 -1.08 -215.74
Deferred Tax -1.79 0.00 0.00 -1.79 0.00 0.00 -1.79 0.00 0.00
PAT 11.57 11.50 0.61 72.00 28.11 156.14 72.00 28.11 156.14
Equity 549.23 533.67 2.92 549.23 533.67 2.92 549.23 533.67 2.92
PBIDTM(%) 3.39 5.26 -35.51 7.39 2.26 226.59 7.39 2.26 226.59
Peers
Company Name CMP
Redington 220.95
Adani Enterprises 2088.20
Amrapali Industries 17.32
Rashi Peripheral 404.30
PDS 295.25
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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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