MoneyWorks4Me

Nitin Castings - Quaterly Results

14 Aug 2024 Evaluate
The company witnessed a 11.48% growth in the revenue at Rs. 398.74 millions for the quarter ended June 2024 as compared to Rs. 357.69 millions during the year-ago period.A humble growth in net profit of 9.24% reported in the quarter ended June 2024 to Rs. 39.60  millions from Rs. 36.25 millions.OP of the company witnessed a marginal growth to 60.95 millions from 50.35 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 398.74 357.69 11.48 398.74 357.69 11.48 1487.48 1333.80 11.52
Other Income 14.99 13.89 7.92 14.99 13.89 7.92 43.43 8.02 441.52
PBIDT 60.95 50.35 21.05 60.95 50.35 21.05 197.06 104.34 88.86
Interest 0.97 0.33 193.94 0.97 0.33 193.94 1.99 1.17 70.09
PBDT 59.98 50.02 19.91 59.98 50.02 19.91 171.40 103.17 66.13
Depreciation 4.79 3.95 21.27 4.79 3.95 21.27 16.93 18.04 -6.15
PBT 55.19 46.07 19.80 55.19 46.07 19.80 154.47 85.13 81.45
TAX 15.59 9.82 58.76 15.59 9.82 58.76 33.20 36.21 -8.31
Deferred Tax 4.02 1.64 145.12 4.02 1.64 145.12 3.26 14.18 -77.01
PAT 39.60 36.25 9.24 39.60 36.25 9.24 121.27 48.92 147.89
Equity 25.71 25.71 0.00 25.71 25.71 0.00 25.71 25.71 0.00
PBIDTM(%) 15.29 14.08 8.59 15.29 14.08 8.59 13.25 7.82 69.35
Peers
Company Name CMP
AIA Engineering 3973.15
Alicon Castalloy 745.45
Nelcast 107.40
PTC Industries 22396.45
Synergy Green Inds. 684.00
View more..