Shriram Pistons & Rings Ltd

The revenue for the March 2023 quarter is pegged at Rs. 6967.10 millions, about 18.64% up against Rs. 5872.60 millions recorded during the year-ago period.Handsome Net Profit growth of 83.80% reported above the corresponding previous quarter figure of Rs. 925.80 millions to Rs. 503.70 millions.OP of the company witnessed a marginal growth to 1534.10 millions from 949.20 millions in the same quarter last year.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202303	202203	% Var	202303	202203	% Var	202303	202203	% Var
Sales	6967.10	5872.60	18.64	26050.30	20646.70	26.17	26050.30	20646.70	26.17
Other Income	160.90	101.80	58.06	462.30	292.10	58.27	462.30	292.10	58.27
PBIDT	1534.10	949.20	61.62	5097.20	3336.80	52.76	5097.20	3336.80	52.76
Interest	63.80	22.50	183.56	194.40	114.20	70.23	194.40	114.20	70.23
PBDT	1470.30	926.70	58.66	4902.80	3222.60	52.14	4902.80	3222.60	52.14
Depreciation	224.70	250.30	-10.23	933.40	1020.50	-8.54	933.40	1020.50	-8.54
PBT	1245.60	676.40	84.15	3969.40	2202.10	80.26	3969.40	2202.10	80.26
TAX	319.80	172.70	85.18	1013.60	566.40	78.95	1013.60	566.40	78.95
Deferred Tax	-40.60	8.10	-601.23	-32.30	-38.10	-15.22	-32.30	-38.10	-15.22
PAT	925.80	503.70	83.80	2955.80	1635.70	80.71	2955.80	1635.70	80.71
Equity	220.20	220.20	0.00	220.20	220.20	0.00	220.20	220.20	0.00
PBIDTM(%)	22.02	16.16	36.23	19.57	16.16	21.07	19.57	16.16	21.07