Swaraj Engines reports Profit after tax of Rs 349.60 Mln, in the March 2023 quarter
Date: 27-04-2023
The Sales for the quarter ended March 2023 of Rs. 3597.90 millions rose by 48.46% from Rs. 2423.50 millions.Profit for the quarter ended March 2023 rises by 59.93% to Rs. 349.60 millions from Rs. 218.60 millions.Operating profit surged to 516.80 millions from the corresponding previous quarter of 333.90 millions.
| | Quarter ended | Year to Date | Year ended |
| | 202303 | 202203 | % Var | 202303 | 202203 | % Var | 202303 | 202203 | % Var |
| Sales | 3597.90 | 2423.50 | 48.46 | 14218.20 | 11381.50 | 24.92 | 14218.20 | 11381.50 | 24.92 |
| Other Income | 37.00 | 22.90 | 61.57 | 119.50 | 96.60 | 23.71 | 119.50 | 96.60 | 23.71 |
| PBIDT | 516.80 | 333.90 | 54.78 | 1983.60 | 1650.40 | 20.19 | 1983.60 | 1650.40 | 20.19 |
| Interest | 0.40 | 0.10 | 300.00 | 0.80 | 0.80 | 0.00 | 0.80 | 0.80 | 0.00 |
| PBDT | 516.40 | 333.80 | 54.70 | 1982.80 | 1649.60 | 20.20 | 1982.80 | 1649.60 | 20.20 |
| Depreciation | 45.60 | 42.00 | 8.57 | 185.40 | 181.00 | 2.43 | 185.40 | 181.00 | 2.43 |
| PBT | 470.80 | 291.80 | 61.34 | 1797.40 | 1468.60 | 22.39 | 1797.40 | 1468.60 | 22.39 |
| TAX | 121.20 | 73.20 | 65.57 | 461.30 | 373.90 | 23.38 | 461.30 | 373.90 | 23.38 |
| Deferred Tax | -2.80 | 4.90 | -157.14 | -13.70 | -5.00 | 174.00 | -13.70 | -5.00 | 174.00 |
| PAT | 349.60 | 218.60 | 59.93 | 1336.10 | 1094.70 | 22.05 | 1336.10 | 1094.70 | 22.05 |
| Equity | 121.50 | 121.40 | 0.08 | 121.50 | 121.40 | 0.08 | 121.50 | 121.40 | 0.08 |
| PBIDTM(%) | 14.36 | 13.78 | 4.26 | 13.95 | 14.50 | -3.79 | 13.95 | 14.50 | -3.79 |