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IP Rings - Quaterly Results

27 May 2024 Evaluate
The March 2024 quarter revenue stood at Rs. 888.18 millions, up 16.38% 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 millionsOperating profit for the quarter ended March 2024 rose to 89.98 millions as compared to 53.51 millions of corresponding quarter ended March 2023.


(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 157.50
Tube Investments 2338.60
Bosch 45599.85
UNO Minda 1115.00
Bombay Burmah Trdg. 1334.15
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