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Valiant Communicatns - Quaterly Results

29 May 2024 Evaluate
A decent increase of about 49.77% in the sales to Rs. 131.48 millions was observed for the quarter ended March 2024. The sales figure stood at Rs. 87.79 millions during the year-ago period.Net Profit for the quarter ended March 2024 zoomed to 220.26% from Rs. 8.59 millions to Rs. 27.51  millions.The company reported a good operating profit of 43.15 millions compared to 18.02 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 131.48 87.79 49.77 457.11 301.94 51.39 457.11 301.94 51.39
Other Income 1.00 -0.06 -1766.67 2.99 0.84 255.95 2.99 0.84 255.95
PBIDT 43.15 18.02 139.46 111.91 46.68 139.74 111.91 46.68 139.74
Interest 0.38 0.26 46.15 1.48 0.48 208.33 1.48 0.48 208.33
PBDT 42.77 17.76 140.82 110.43 46.20 139.03 110.43 46.20 139.03
Depreciation 6.15 6.14 0.16 22.64 21.18 6.89 22.64 21.18 6.89
PBT 36.62 11.62 215.15 87.79 25.02 250.88 87.79 25.02 250.88
TAX 9.11 3.03 200.66 22.00 6.64 231.33 22.00 6.64 231.33
Deferred Tax 0.31 3.13 -90.10 3.62 6.73 -46.21 3.62 6.73 -46.21
PAT 27.51 8.59 220.26 65.79 18.38 257.94 65.79 18.38 257.94
Equity 76.28 72.24 5.59 76.28 72.24 5.59 76.28 72.24 5.59
PBIDTM(%) 32.82 20.53 59.89 24.48 15.46 58.36 24.48 15.46 58.36
Peers
Company Name CMP
Black Box 800.80
ITI 262.70
Tejas Networks 553.20
Quadrant Televenture 0.67
Valiant Communicatns 1323.50
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