Shriram Pistons & Rings Ltd

A fair growth of 15.11% in the revenue at Rs. 7138.50 millions was reported in the June 2023 quarter as compared to Rs. 6201.30 millions during year-ago period.Profit after tax for the quarter ended June 2023 reported a huge growth of 89.21% to Rs. 1034.20  millions from Rs. 546.60 millions.OP of the company witnessed a marginal growth to 1658.50 millions from 1004.80 millions in the same quarter last year.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202306	202206	% Var	202306	202206	% Var	202303	202203	% Var
Sales	7138.50	6201.30	15.11	7138.50	6201.30	15.11	26050.30	20646.70	26.17
Other Income	183.70	68.40	168.57	183.70	68.40	168.57	462.30	292.10	58.27
PBIDT	1658.50	1004.80	65.06	1658.50	1004.80	65.06	5097.20	3336.80	52.76
Interest	60.80	30.10	101.99	60.80	30.10	101.99	194.40	114.20	70.23
PBDT	1597.70	974.70	63.92	1597.70	974.70	63.92	4902.80	3222.60	52.14
Depreciation	211.00	240.00	-12.08	211.00	240.00	-12.08	933.40	1020.50	-8.54
PBT	1386.70	734.70	88.74	1386.70	734.70	88.74	3969.40	2202.10	80.26
TAX	352.50	188.10	87.40	352.50	188.10	87.40	1013.60	566.40	78.95
Deferred Tax	-6.30	-9.90	-36.36	-6.30	-9.90	-36.36	-32.30	-38.10	-15.22
PAT	1034.20	546.60	89.21	1034.20	546.60	89.21	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(%)	23.23	16.20	43.39	23.23	16.20	43.39	19.57	16.16	21.07