Shriram Pistons & Rings Ltd

The Revenue for the quarter ended  December 2023 of Rs. 7084.70 millions grew by 11.39 % from Rs. 6360.00 millions.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.The company reported a good operating profit of 1736.20 millions compared to 1292.70 millions of corresponding previous quarter.

(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