Shriram Pistons & Rings Ltd

The revenue zoomed 15.01% to Rs. 7500.80 millions for the quarter ended September 2023 as compared to Rs. 6521.90 millions during the corresponding quarter last year.Handsome Net Profit growth of 57.10% reported above the corresponding previous quarter figure of Rs. 1146.50 millions to Rs. 729.80 millions.The company reported a good operating profit of 1813.20 millions compared to 1265.50 millions of corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202309	202209	% Var	202309	202209	% Var	202303	202203	% Var
Sales	7500.80	6521.90	15.01	14639.30	12723.20	15.06	26050.30	20646.70	26.17
Other Income	227.40	118.20	92.39	411.10	186.60	120.31	462.30	292.10	58.27
PBIDT	1813.20	1265.50	43.28	3471.70	2270.30	52.92	5097.20	3336.80	52.76
Interest	65.30	49.70	31.39	126.10	79.80	58.02	194.40	114.20	70.23
PBDT	1747.90	1215.80	43.77	3345.60	2190.50	52.73	4902.80	3222.60	52.14
Depreciation	210.30	236.80	-11.19	421.30	476.80	-11.64	933.40	1020.50	-8.54
PBT	1537.60	979.00	57.06	2924.30	1713.70	70.64	3969.40	2202.10	80.26
TAX	391.10	249.20	56.94	743.60	437.30	70.04	1013.60	566.40	78.95
Deferred Tax	-4.50	15.90	-128.30	-10.80	6.00	-280.00	-32.30	-38.10	-15.22
PAT	1146.50	729.80	57.10	2180.70	1276.40	70.85	2955.80	1635.70	80.71
Equity	440.50	220.20	100.05	440.50	220.20	100.05	220.20	220.20	0.00
PBIDTM(%)	24.17	19.40	24.58	23.71	17.84	32.90	19.57	16.16	21.07