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Premier Explosives - Quaterly Results

30 May 2024 Evaluate
The turnover is pegged at Rs. 867.90 millions for the March 2024 quarter. The mentioned figure indicates a rise of about 65.88% as against Rs. 523.21 millions during the year-ago period.Net Profit witnessed a 184.03% growth almost the double from Rs. 23.35 millions to Rs. 66.32  millions  of same quarter last year.Operating profit for the quarter ended March 2024 rose to 155.50 millions as compared to 82.39 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 867.90 523.21 65.88 2717.17 2020.30 34.49 2717.17 2020.30 34.49
Other Income 4.58 1.31 249.62 40.50 21.57 87.76 40.50 21.57 87.76
PBIDT 155.50 82.39 88.74 625.54 279.71 123.64 625.54 279.71 123.64
Interest 22.52 28.02 -19.63 107.90 91.93 17.37 107.90 91.93 17.37
PBDT 132.98 54.37 144.58 517.64 187.78 175.66 517.64 187.78 175.66
Depreciation 29.66 24.74 19.89 115.17 98.22 17.26 115.17 98.22 17.26
PBT 103.32 29.63 248.70 402.47 89.56 349.39 402.47 89.56 349.39
TAX 37.00 6.28 489.17 121.25 22.72 433.67 121.25 22.72 433.67
Deferred Tax 18.30 -0.42 -4457.14 56.55 16.02 253.00 56.55 16.02 253.00
PAT 66.32 23.35 184.03 281.22 66.84 320.74 281.22 66.84 320.74
Equity 107.52 107.52 0.00 107.52 107.52 0.00 107.52 107.52 0.00
PBIDTM(%) 17.92 15.75 13.78 23.02 13.84 66.28 23.02 13.84 66.28
Peers
Company Name CMP
Godrej Industries 1070.00
SRF 2447.35
BASF India 3491.35
Pidilite Inds. 1493.10
Tata Chemicals 627.65
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