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Titan Bio-Tech - Quaterly Results

29 May 2024 Evaluate
The company witnessed a 8.37% growth in the revenue at Rs. 399.19 millions for the quarter ended March 2024 as compared to Rs. 368.36 millions during the year-ago period.Net profit for the quarter ended March 2024 increases to Rs. 48.42  millions from Rs. 46.44 millions.Operating profit surged to 75.56 millions from the corresponding previous quarter of 73.24 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 399.19 368.36 8.37 1640.72 1439.99 13.94 1640.72 1439.99 13.94
Other Income 4.77 4.92 -3.05 17.48 19.43 -10.04 17.48 19.43 -10.04
PBIDT 75.56 73.24 3.17 360.29 314.63 14.51 360.29 314.63 14.51
Interest 3.41 2.57 32.68 11.70 7.46 56.84 11.70 7.46 56.84
PBDT 72.15 70.67 2.09 348.59 307.17 13.48 348.59 307.17 13.48
Depreciation 8.40 7.11 18.14 33.31 26.00 28.12 33.31 26.00 28.12
PBT 63.75 63.56 0.30 315.28 281.17 12.13 315.28 281.17 12.13
TAX 15.33 17.12 -10.46 78.66 70.91 10.93 78.66 70.91 10.93
Deferred Tax 0.60 -0.67 -189.55 1.06 -0.89 -219.10 1.06 -0.89 -219.10
PAT 48.42 46.44 4.26 236.62 210.26 12.54 236.62 210.26 12.54
Equity 82.64 82.64 0.00 82.64 82.64 0.00 82.64 82.64 0.00
PBIDTM(%) 18.93 19.88 -4.80 21.96 21.85 0.50 21.96 21.85 0.50
Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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