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Dolfin Rubbers - Quaterly Results

30 May 2024 Evaluate
The company witnessed a 10.25% growth in the revenue at Rs. 346.09 millions for the quarter ended March 2024 as compared to Rs. 313.90 millions during the year-ago period.Net profit for the quarter ended March 2024 increased significantly by 50.10% to Rs. 14.89 millions from Rs. 9.92 millions.Operating Profit saw a handsome growth to 27.06 millions from 19.44 millions in the quarter ended March 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 346.09 313.90 10.25 1259.43 1016.48 23.90 1259.43 1016.48 23.90
Other Income 2.64 0.47 461.70 4.67 1.36 243.38 4.67 1.36 243.38
PBIDT 27.06 19.44 39.20 91.93 66.94 37.33 91.93 66.94 37.33
Interest 2.30 3.16 -27.22 10.57 8.83 19.71 10.57 8.83 19.71
PBDT 24.76 16.28 52.09 81.36 58.11 40.01 81.36 58.11 40.01
Depreciation 3.99 3.35 19.10 15.12 12.97 16.58 15.12 12.97 16.58
PBT 20.77 12.93 60.63 66.24 45.14 46.74 66.24 45.14 46.74
TAX 5.88 3.01 95.35 18.78 12.00 56.50 18.78 12.00 56.50
Deferred Tax 1.57 -0.46 -441.30 5.64 1.65 241.82 5.64 1.65 241.82
PAT 14.89 9.92 50.10 47.46 33.14 43.21 47.46 33.14 43.21
Equity 100.30 100.30 0.00 100.30 100.30 0.00 100.30 100.30 0.00
PBIDTM(%) 7.82 6.19 26.25 7.30 6.59 10.84 7.30 6.59 10.84
Peers
Company Name CMP
MRF 125528.60
Apollo Tyres 411.80
JK Tyres & Inds. 349.55
Ceat 3468.20
Balkrishna Inds. 2267.75
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