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HOV Services - Quaterly Results

28 May 2024 Evaluate
The sales for the March 2024 quarter moved up 36.30% to Rs. 42.69 millions as compared to Rs. 31.32 millions during the corresponding quarter last year.Modest increase of 14.73% in the Net Profit was reported from. 7.06 millions to Rs. 8.10  millions.Operating profit surged to 12.80 millions from the corresponding previous quarter of 9.46 millions.


(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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