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India Nipon Electric - Quaterly Results

30 May 2024 Evaluate
The revenue for the March 2024 quarter is pegged at Rs. 1956.80 millions, about 23.87% up against Rs. 1579.70 millions recorded during the year-ago period.Net Profit for the quarter ended March 2024 zoomed to 223.34% from Rs. 63.40 millions to Rs. 205.00  millions.The company reported a good operating profit of 300.00 millions compared to 201.00 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 1956.80 1579.70 23.87 7240.80 6562.50 10.34 7240.80 6562.50 10.34
Other Income 83.70 52.00 60.96 247.90 401.70 -38.29 247.90 401.70 -38.29
PBIDT 300.00 201.00 49.25 912.60 931.30 -2.01 912.60 931.30 -2.01
Interest 0.90 0.90 0.00 3.90 4.20 -7.14 3.90 4.20 -7.14
PBDT 299.10 119.80 149.67 908.70 846.80 7.31 908.70 846.80 7.31
Depreciation 38.20 38.10 0.26 150.90 146.20 3.21 150.90 146.20 3.21
PBT 260.90 81.70 219.34 757.80 700.60 8.16 757.80 700.60 8.16
TAX 55.90 18.30 205.46 164.80 121.90 35.19 164.80 121.90 35.19
Deferred Tax -3.40 3.00 -213.33 0.60 6.30 -90.48 0.60 6.30 -90.48
PAT 205.00 63.40 223.34 593.00 578.70 2.47 593.00 578.70 2.47
Equity 113.10 113.10 0.00 113.10 113.10 0.00 113.10 113.10 0.00
PBIDTM(%) 15.33 12.72 20.49 12.60 14.19 -11.19 12.60 14.19 -11.19
Peers
Company Name CMP
SamvardhanaMotherson 162.35
Tube Investments 2537.30
Bosch 48100.00
UNO Minda 1221.00
Bombay Burmah Trdg. 1428.90
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