TVS Electronics - Quaterly Results
Date: 06-05-2023
Revenue reduced marginally to stand at Rs. 852.40 millions during the quarter ended March 2023. The figure stood at Rs. 884.20 millions during the year-ago period.Net Profit of the company move down -66.37% to Rs. 15.10 millions from Rs. 44.90 millions in the same quarter last year.Operating Profit reported a sharp decline to 30.30 millions from 82.40 millions in the corresponding previous quarter.
| | Quarter ended | Year to Date | Year ended |
| | 202303 | 202203 | % Var | 202303 | 202203 | % Var | 202203 | 202103 | % Var |
| Sales | 852.40 | 884.20 | -3.60 | 3534.80 | 3079.20 | 14.80 | 3079.20 | 2246.00 | 37.10 |
| Other Income | -1.30 | 4.40 | -129.55 | 15.30 | 12.30 | 24.39 | 12.30 | 20.60 | -40.29 |
| PBIDT | 30.30 | 82.40 | -63.23 | 212.90 | 276.10 | -22.89 | 276.20 | 106.10 | 160.32 |
| Interest | 1.70 | 3.50 | -51.43 | 13.70 | 9.60 | 42.71 | 9.60 | 19.00 | -49.47 |
| PBDT | 28.60 | 83.80 | -65.87 | 199.20 | 271.40 | -26.60 | 271.50 | 87.10 | 211.71 |
| Depreciation | 7.30 | 19.20 | -61.98 | 70.90 | 63.30 | 12.01 | 63.30 | 77.70 | -18.53 |
| PBT | 21.30 | 64.60 | -67.03 | 128.30 | 208.10 | -38.35 | 208.20 | 9.40 | 2114.89 |
| TAX | 6.20 | 19.70 | -68.53 | 33.20 | 57.20 | -41.96 | 57.20 | 1.70 | 3264.71 |
| Deferred Tax | -1.90 | -4.40 | -56.82 | -0.30 | -5.80 | -94.83 | -5.80 | -2.60 | 123.08 |
| PAT | 15.10 | 44.90 | -66.37 | 95.10 | 150.90 | -36.98 | 151.00 | 7.70 | 1861.04 |
| Equity | 186.50 | 186.50 | 0.00 | 186.50 | 186.50 | 0.00 | 186.50 | 186.50 | 0.00 |
| PBIDTM(%) | 3.55 | 9.32 | -61.86 | 6.02 | 8.97 | -32.83 | 8.97 | 4.72 | 89.88 |