Nintec Systems Ltd.

The topline surged 95.87% to Rs. 174.83 millions for the December 2023 quarter as against Rs. 89.26 millions during the corresponding quarter last year.Net Profit for the quarter ended December 2023 zoomed to 183.21% from Rs. 12.09 millions to Rs. 34.24  millions.Operating profit surged to 49.49 millions from the corresponding previous quarter of 18.88 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202312	202212	% Var	202312	202212	% Var	202303	202203	% Var
Sales	174.83	89.26	95.87	454.33	218.88	107.57	322.99	198.08	63.06
Other Income	4.12	2.81	46.62	9.60	7.93	21.06	21.14	5.88	259.52
PBIDT	49.49	18.88	162.13	134.14	53.14	152.43	79.26	40.15	97.41
Interest	0.04	0.00	0.00	0.05	0.02	150.00	0.03	0.02	50.00
PBDT	49.45	18.88	161.92	134.09	53.12	152.43	79.23	40.13	97.43
Depreciation	2.64	1.24	112.90	7.44	3.06	143.14	5.38	3.28	64.02
PBT	46.81	17.64	165.36	126.65	50.06	153.00	73.85	36.85	100.41
TAX	12.57	5.55	126.49	32.65	13.77	137.11	18.35	9.12	101.21
Deferred Tax	0.33	0.01	3200.00	0.28	0.01	2700.00	0.00	-0.28	0.00
PAT	34.24	12.09	183.21	94.00	36.29	159.02	55.50	27.73	100.14
Equity	185.76	103.20	80.00	185.76	103.20	80.00	103.20	68.80	50.00
PBIDTM(%)	28.31	21.15	33.83	29.52	24.28	21.61	24.54	20.27	21.07