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Jyoti Resins&Adhesiv - Quaterly Results

28 May 2024 Evaluate
A fair growth of 9.47% in the revenue at Rs. 712.40 millions was reported in the March 2024 quarter as compared to Rs. 650.80 millions during year-ago period.Modest increase of 14.38% in the Net Profit was reported from. 164.10 millions to Rs. 187.70  millions.Operating profit for the quarter ended March 2024 rose to 254.30 millions as compared to 218.10 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 712.40 650.80 9.47 2573.00 2612.50 -1.51 2573.00 2612.50 -1.51
Other Income 42.00 17.50 140.00 68.20 22.70 200.44 68.20 22.70 200.44
PBIDT 254.30 218.10 16.60 907.40 629.00 44.26 907.40 629.00 44.26
Interest 0.50 0.30 66.67 0.50 0.30 66.67 0.50 0.30 66.67
PBDT 253.80 217.80 16.53 906.90 628.70 44.25 906.90 628.70 44.25
Depreciation 2.60 4.00 -35.00 10.90 14.50 -24.83 10.90 14.50 -24.83
PBT 251.20 213.80 17.49 896.00 614.20 45.88 896.00 614.20 45.88
TAX 63.50 49.70 27.77 224.80 149.80 50.07 224.80 149.80 50.07
Deferred Tax -0.40 0.40 -200.00 1.40 0.40 250.00 1.40 0.40 250.00
PAT 187.70 164.10 14.38 671.20 464.40 44.53 671.20 464.40 44.53
Equity 120.00 120.00 0.00 120.00 120.00 0.00 120.00 120.00 0.00
PBIDTM(%) 35.70 33.51 6.52 35.27 24.08 46.48 35.27 24.08 46.48
Peers
Company Name CMP
Godrej Industries 1103.75
SRF 2541.50
BASF India 3532.50
Pidilite Inds. 1530.90
Tata Chemicals 660.65
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