MoneyWorks4Me

Hi-Tech Pipes - Quaterly Results

12 Aug 2024 Evaluate
The sales figure stood at Rs. 7234.40 millions for the June 2024 quarter. The mentioned figure indicates a growth of about 39.06% as compared to Rs. 5202.53 millions during the year-ago period.Net Profit for the quarter ended June 2024 zoomed to 133.59% from Rs. 65.79 millions to Rs. 153.68  millions.Operating profit surged to 359.42 millions from the corresponding previous quarter of 162.22 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 7234.40 5202.53 39.06 7234.40 5202.53 39.06 22074.22 18605.50 18.64
Other Income 5.26 2.65 98.49 5.26 2.65 98.49 11.19 19.78 -43.43
PBIDT 359.42 162.22 121.56 359.42 162.22 121.56 893.34 808.63 10.48
Interest 110.86 53.14 108.62 110.86 53.14 108.62 316.34 253.17 24.95
PBDT 248.56 109.08 127.87 248.56 109.08 127.87 577.00 490.31 17.68
Depreciation 44.42 21.10 110.52 44.42 21.10 110.52 128.66 112.81 14.05
PBT 204.14 87.98 132.03 204.14 87.98 132.03 448.34 377.50 18.77
TAX 50.46 22.19 127.40 50.46 22.19 127.40 109.35 88.49 23.57
Deferred Tax 5.81 4.66 24.68 5.81 4.66 24.68 28.46 18.32 55.35
PAT 153.68 65.79 133.59 153.68 65.79 133.59 338.99 289.01 17.29
Equity 158.36 130.81 21.06 158.36 130.81 21.06 149.89 127.81 17.28
PBIDTM(%) 4.97 3.12 59.33 4.97 3.12 59.33 4.05 4.35 -6.88
Peers
Company Name CMP
JSW Steel 1173.90
Tata Steel 175.00
Steel Authority 173.50
Jindal Stainless 712.30
APL Apollo Tubes 2164.30
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