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Primo Chemicals - Quaterly Results

30 May 2024 Evaluate
The sales is pegged at Rs. 1024.75 millions for the March 2024 quarter. The mentioned figure indicates a decline of about -30.67% as against Rs. 1478.00 millions during the year-ago period.Net Profit of the company move down -61.16% to Rs. 67.85  millions from Rs. 174.69 millions  in the same quarter last year.Operating profit for the quarter ended March 2024 decreased to 68.52 millions as compared to 359.48 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 1024.75 1478.00 -30.67 3969.80 7073.77 -43.88 3969.80 7073.77 -43.88
Other Income 54.24 73.64 -26.34 194.21 261.62 -25.77 194.21 261.62 -25.77
PBIDT 68.52 359.48 -80.94 263.41 2185.16 -87.95 263.41 2185.16 -87.95
Interest 57.84 32.05 80.47 182.06 80.71 125.57 182.06 80.71 125.57
PBDT 10.68 327.43 -96.74 81.35 2104.45 -96.13 81.35 2104.45 -96.13
Depreciation 115.65 76.49 51.20 395.60 239.47 65.20 395.60 239.47 65.20
PBT -104.97 250.94 -141.83 -314.25 1864.98 -116.85 -314.25 1864.98 -116.85
TAX -172.82 76.25 -326.65 -55.67 525.16 -110.60 -55.67 525.16 -110.60
Deferred Tax -173.20 8.01 -2262.30 -57.59 115.30 -149.95 -57.59 115.30 -149.95
PAT 67.85 174.69 -61.16 -258.58 1339.82 -119.30 -258.58 1339.82 -119.30
Equity 484.69 484.69 0.00 484.69 484.69 0.00 484.69 484.69 0.00
PBIDTM(%) 6.69 24.32 -72.51 6.64 30.89 -78.52 6.64 30.89 -78.52
Peers
Company Name CMP
SRF 2507.70
BASF India 3692.20
Pidilite Inds. 1569.00
Tata Chemicals 610.30
Aarti Industries 504.45
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