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Mangalam Organics - Quaterly Results

30 May 2024 Evaluate
The sales is pegged at Rs. 832.58 millions for the March 2024 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 943.96 millions during the year-ago period.A comparatively good net profit growth of 26.11% to Rs. 28.35 millions was reported for the quarter ended March 2024 compared to Rs. 22.48 millions of previous same quarter.A decline of 100.08 millions was observed in the OP in the quarter ended March 2024 from 122.13 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 832.58 943.96 -11.80 4054.34 4669.74 -13.18 4054.34 4669.74 -13.18
Other Income 6.81 4.34 56.91 24.87 13.90 78.92 24.87 13.90 78.92
PBIDT 100.08 122.13 -18.05 369.06 -20.10 -1936.12 369.06 -20.10 -1936.12
Interest 34.57 29.48 17.27 146.18 126.85 15.24 146.18 126.85 15.24
PBDT 65.51 92.65 -29.29 222.88 -146.95 -251.67 222.88 -146.95 -251.67
Depreciation 49.51 44.32 11.71 188.16 166.40 13.08 188.16 166.40 13.08
PBT 16.00 48.33 -66.89 34.72 -313.35 -111.08 34.72 -313.35 -111.08
TAX -12.35 25.85 -147.78 -6.79 -59.30 -88.55 -6.79 -59.30 -88.55
Deferred Tax 1.68 10.82 -84.47 7.24 -74.33 -109.74 7.24 -74.33 -109.74
PAT 28.35 22.48 26.11 41.51 -254.05 -116.34 41.51 -254.05 -116.34
Equity 85.64 85.64 0.00 85.64 85.64 0.00 85.64 85.64 0.00
PBIDTM(%) 12.02 12.94 -7.09 9.10 -0.43 -2214.96 9.10 -0.43 -2214.96
Peers
Company Name CMP
Godrej Industries 1098.10
SRF 2525.80
BASF India 3520.80
Pidilite Inds. 1530.00
Tata Chemicals 652.10
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