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BMW Industries - Quaterly Results

16 Jul 2024 Evaluate
The company witnessed a 6.61% growth in the revenue at Rs. 1516.84 millions for the quarter ended June 2024 as compared to Rs. 1422.80 millions during the year-ago period.Modest increase of 19.70% in the Net Profit was reported from. 144.44 millions to Rs. 172.89  millions.Operating profit for the quarter ended June 2024 rose to 354.19 millions as compared to 346.15 millions of corresponding quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 1516.84 1422.80 6.61 1516.84 1422.80 6.61 5353.30 5076.80 5.45
Other Income 18.16 10.22 77.69 18.16 10.22 77.69 41.01 87.53 -53.15
PBIDT 354.19 346.15 2.32 354.19 346.15 2.32 1377.52 1185.62 16.19
Interest 38.37 57.56 -33.34 38.37 57.56 -33.34 195.80 236.80 -17.31
PBDT 315.82 288.59 9.44 315.82 288.59 9.44 1181.72 948.82 24.55
Depreciation 83.44 90.46 -7.76 83.44 90.46 -7.76 381.79 334.08 14.28
PBT 232.38 198.13 17.29 232.38 198.13 17.29 799.93 614.74 30.12
TAX 59.49 53.69 10.80 59.49 53.69 10.80 209.32 173.26 20.81
Deferred Tax 5.69 -1.04 -647.12 5.69 -1.04 -647.12 6.00 125.87 -95.23
PAT 172.89 144.44 19.70 172.89 144.44 19.70 590.61 441.48 33.78
Equity 225.09 225.09 0.00 225.09 225.09 0.00 225.09 225.09 0.00
PBIDTM(%) 23.35 24.33 -4.02 23.35 24.33 -4.02 25.73 23.35 10.18
Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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