Styrenix Performance - Quaterly Results
Date: 03-02-2024
The sales slipped to Rs. 4846.80 millions for the December 2023 quarter as against Rs. 5571.90 millions during the year-ago period.A humble growth in net profit of 15.70% reported in the quarter ended December 2023 to Rs. 349.40 millions from Rs. 302.00 millions.Operating profit surged to 596.10 millions from the corresponding previous quarter of 511.90 millions.
| | Quarter ended | Year to Date | Year ended |
| | 202312 | 202212 | % Var | 202312 | 202212 | % Var | 202303 | 202203 | % Var |
| Sales | 4846.80 | 5571.90 | -13.01 | 16234.60 | 17569.82 | -7.60 | 23722.74 | 21790.16 | 8.87 |
| Other Income | 17.20 | 24.50 | -29.80 | 68.62 | 121.29 | -43.42 | 150.96 | 138.79 | 8.77 |
| PBIDT | 596.10 | 511.90 | 16.45 | 1985.24 | 2211.11 | -10.22 | 2903.10 | 4884.39 | -40.56 |
| Interest | 6.70 | 13.00 | -48.46 | 21.34 | 39.47 | -45.93 | 53.25 | 82.31 | -35.31 |
| PBDT | 589.40 | 498.90 | 18.14 | 1963.90 | 2171.64 | -9.57 | 2849.85 | 4802.08 | -40.65 |
| Depreciation | 92.40 | 94.50 | -2.22 | 275.62 | 284.10 | -2.98 | 380.18 | 376.29 | 1.03 |
| PBT | 497.00 | 404.40 | 22.90 | 1688.28 | 1887.54 | -10.56 | 2469.67 | 4425.79 | -44.20 |
| TAX | 147.60 | 102.40 | 44.14 | 450.29 | 481.65 | -6.51 | 639.54 | 1200.35 | -46.72 |
| Deferred Tax | -5.20 | -2.80 | 85.71 | -13.74 | -1.92 | 615.63 | -13.16 | 35.74 | -136.82 |
| PAT | 349.40 | 302.00 | 15.70 | 1237.99 | 1405.89 | -11.94 | 1830.13 | 3225.44 | -43.26 |
| Equity | 175.90 | 175.86 | 0.02 | 175.90 | 175.86 | 0.02 | 175.86 | 175.86 | 0.00 |
| PBIDTM(%) | 12.30 | 9.19 | 33.87 | 12.23 | 12.58 | -2.83 | 12.24 | 22.42 | -45.41 |