Shriram Pistons & Rings Ltd

The company witnessed a 11.39% growth in the revenue at Rs. 7084.70 millions for the quarter ended December 2023 as compared to Rs. 6360.00 millions during the year-ago period.Net Profit recorded in the quarter ended December 2023 rise to 43.52% to Rs. 1081.60  millions  compared to R. 753.60 millions in corresponding previous quarter.Operating Profit saw a handsome growth to 1736.20 millions from 1292.70 millions in the quarter ended December 2023.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202312	202212	% Var	202312	202212	% Var	202303	202203	% Var
Sales	7084.70	6360.00	11.39	21724.00	19083.20	13.84	26050.30	20646.70	26.17
Other Income	186.20	114.90	62.05	597.30	301.50	98.11	462.30	292.10	58.27
PBIDT	1736.20	1292.70	34.31	5207.90	3563.00	46.17	5097.20	3336.80	52.76
Interest	60.90	50.90	19.65	187.00	130.70	43.08	194.40	114.20	70.23
PBDT	1675.30	1241.80	34.91	5020.90	3432.30	46.28	4902.80	3222.60	52.14
Depreciation	227.90	231.80	-1.68	649.20	708.60	-8.38	933.40	1020.50	-8.54
PBT	1447.40	1010.00	43.31	4371.70	2723.70	60.51	3969.40	2202.10	80.26
TAX	365.80	256.40	42.67	1109.40	693.70	59.93	1013.60	566.40	78.95
Deferred Tax	-6.10	2.20	-377.27	-16.90	8.20	-306.10	-32.30	-38.10	-15.22
PAT	1081.60	753.60	43.52	3262.30	2030.00	60.70	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(%)	24.51	20.33	20.57	23.97	18.67	28.40	19.57	16.16	21.07