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Aveer Foods - Quaterly Results

13 Aug 2024 Evaluate
A fair growth of 7.38% in the revenue at Rs. 278.63 millions was reported in the June 2024 quarter as compared to Rs. 259.47 millions during year-ago period.Net profit for the quarter ended June 2024 increased significantly by 70.84% to Rs. 10.37 millions from Rs. 6.07 millions.Operating Profit saw a handsome growth to 20.02 millions from 17.54 millions in the quarter ended June 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 278.63 259.47 7.38 278.63 259.47 7.38 963.98 976.00 -1.23
Other Income 0.08 0.00 0.00 0.08 0.00 0.00 0.06 0.37 -83.78
PBIDT 20.02 17.54 14.14 20.02 17.54 14.14 56.86 34.69 63.91
Interest 1.22 3.50 -65.14 1.22 3.50 -65.14 11.46 11.22 2.14
PBDT 18.80 14.04 33.90 18.80 14.04 33.90 45.40 23.47 93.44
Depreciation 8.43 7.97 5.77 8.43 7.97 5.77 32.86 13.24 148.19
PBT 10.37 6.07 70.84 10.37 6.07 70.84 12.54 10.23 22.58
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 10.37 6.07 70.84 10.37 6.07 70.84 12.54 10.23 22.58
Equity 40.28 40.28 0.00 40.28 40.28 0.00 40.28 40.28 0.00
PBIDTM(%) 7.19 6.76 6.29 7.19 6.76 6.29 5.90 3.55 65.95
Peers
Company Name CMP
Nestle India 1384.00
Varun Beverages 416.25
Britannia Industries 4970.00
LT Foods 437.85
Hatsun Agro Product 1222.80
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