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Galaxy Bearings - Quaterly Results

28 Oct 2024 Evaluate
The September 2024 quarter revenue stood at Rs. 359.37 millions, up 8.15% as compared to Rs. 332.30 millions during the corresponding quarter last year.Modest increase of 12.50% in the Net Profit was reported from. 42.01 millions to Rs. 47.26  millions.OP of the company witnessed a marginal growth to 73.49 millions from 61.42 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 359.37 332.30 8.15 586.90 621.70 -5.60 1271.16 1186.80 7.11
Other Income 17.94 13.41 33.78 39.43 28.79 36.96 68.27 27.02 152.66
PBIDT 73.49 61.42 19.65 126.98 111.25 14.14 277.31 236.55 17.23
Interest 2.50 0.52 380.77 5.53 1.03 436.89 5.02 2.82 78.01
PBDT 70.99 60.90 16.57 121.45 110.22 10.19 272.29 233.73 16.50
Depreciation 4.91 4.10 19.76 9.27 8.11 14.30 18.04 17.41 3.62
PBT 66.08 56.80 16.34 112.18 102.11 9.86 254.25 216.32 17.53
TAX 18.82 14.79 27.25 31.68 25.29 25.27 65.80 56.86 15.72
Deferred Tax 7.32 2.89 153.29 10.67 5.08 110.04 14.76 1.00 1376.00
PAT 47.26 42.01 12.50 80.50 76.82 4.79 188.45 159.46 18.18
Equity 31.80 31.80 0.00 31.80 31.80 0.00 31.80 31.80 0.00
PBIDTM(%) 20.45 18.48 10.64 21.64 17.89 20.91 21.82 19.93 9.45
Peers
Company Name CMP
Schaeffler India 3558.85
Timken India 3124.65
SKF India 1420.25
NRB Bearings 442.60
Menon Bearings 350.80
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