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Tide Water Oil Co(I) reports Profit after tax of Rs 400.40 Mln, in the September 2020 quarter

17 Nov 2020 Evaluate
The revenue declined to Rs. 2703.70 millions for the quarter ended September 2020 as compared to Rs. 2802.00 millions during the corresponding quarter last year.Net Profit recorded in the quarter ended September 2020 rise to 34.18% to Rs. 400.40  millions  compared to R. 298.40 millions in corresponding previous quarter.Operating profit surged to 539.40 millions from the corresponding previous quarter of 388.30 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202009 201909 % Var 202009 201909 % Var 202003 201903 % Var
Sales 2703.70 2802.00 -3.51 4351.70 5758.90 -24.44 11272.80 11933.40 -5.54
Other Income 175.40 87.70 100.00 221.00 153.20 44.26 328.80 354.30 -7.20
PBIDT 539.40 388.30 38.91 761.60 742.30 2.60 1534.50 1565.80 -2.00
Interest 3.50 3.80 -7.89 7.30 7.30 0.00 14.60 13.30 9.77
PBDT 535.90 384.50 39.38 754.30 735.00 2.63 1519.90 1552.50 -2.10
Depreciation 26.00 23.80 9.24 51.90 45.50 14.07 93.60 82.90 12.91
PBT 509.90 360.70 41.36 702.40 689.50 1.87 1426.30 1469.60 -2.95
TAX 109.50 62.30 75.76 154.00 174.30 -11.65 369.00 502.40 -26.55
Deferred Tax -2.60 -0.20 1200.00 -4.70 -0.70 571.43 -7.20 7.40 -197.30
PAT 400.40 298.40 34.18 548.40 515.20 6.44 1057.30 967.20 9.32
Equity 17.00 17.00 0.00 17.00 17.00 0.00 17.00 17.00 0.00
PBIDTM(%) 19.95 13.86 43.96 17.50 12.89 35.78 13.61 13.12 3.74

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