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Cubex Tubings - Quaterly Results

13 Aug 2024 Evaluate
A fair growth of 9.88% in the revenue at Rs. 554.32 millions was reported in the June 2024 quarter as compared to Rs. 504.46 millions during year-ago period.Good  Net Profit growth of 39.51% reported above the corresponding previous quarter figure of Rs. 6.53 millions to Rs. 9.11 millioins.Operating profit for the quarter ended June 2024 rose to 20.49 millions as compared to 16.28 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 554.32 504.46 9.88 554.32 504.46 9.88 2225.17 1929.60 15.32
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBIDT 20.49 16.28 25.86 20.49 16.28 25.86 83.55 64.43 29.68
Interest 4.90 3.11 57.56 4.90 3.11 57.56 17.13 9.13 87.62
PBDT 15.59 13.17 18.38 15.59 13.17 18.38 66.42 55.30 20.11
Depreciation 3.37 3.46 -2.60 3.37 3.46 -2.60 13.47 14.07 -4.26
PBT 12.22 9.71 25.85 12.22 9.71 25.85 52.95 41.23 28.43
TAX 3.11 3.18 -2.20 3.11 3.18 -2.20 13.08 14.76 -11.38
Deferred Tax -0.29 0.48 -160.42 -0.29 0.48 -160.42 4.24 2.79 51.97
PAT 9.11 6.53 39.51 9.11 6.53 39.51 39.87 26.47 50.62
Equity 143.19 143.19 0.00 143.19 143.19 0.00 142.60 142.60 0.00
PBIDTM(%) 3.70 3.23 14.54 3.70 3.23 14.54 3.75 3.34 12.45
Peers
Company Name CMP
Hindalco Industries 942.30
Vedanta 258.90
Hindustan Zinc 565.30
Jain Resource Recycl 292.60
CMR Green Tech 225.00
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