Shriram Pistons & Rings Ltd

The revenue for the March 2024 quarter is pegged at Rs. 7813.20 millions, about 12.14% up against Rs. 6967.10 millions recorded during the year-ago period.A comparatively good net profit growth of 30.21% to Rs. 1205.50 millions was reported for the quarter ended March 2024 compared to Rs. 925.80 millions of previous same quarter.Operating profit surged to 1906.10 millions from the corresponding previous quarter of 1534.10 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202403	202303	% Var	202403	202303	% Var	202403	202303	% Var
Sales	7813.20	6967.10	12.14	29537.20	26050.30	13.39	29537.20	26050.30	13.39
Other Income	216.10	160.90	34.31	813.40	462.30	75.95	813.40	462.30	75.95
PBIDT	1906.10	1534.10	24.25	7114.00	5097.20	39.57	7114.00	5097.20	39.57
Interest	64.60	63.80	1.25	251.60	194.40	29.42	251.60	194.40	29.42
PBDT	1841.50	1470.30	25.25	6862.40	4902.80	39.97	6862.40	4902.80	39.97
Depreciation	224.50	224.70	-0.09	873.70	933.40	-6.40	873.70	933.40	-6.40
PBT	1617.00	1245.60	29.82	5988.70	3969.40	50.87	5988.70	3969.40	50.87
TAX	411.50	319.80	28.67	1520.90	1013.60	50.05	1520.90	1013.60	50.05
Deferred Tax	14.00	-40.60	-134.48	-2.90	-32.30	-91.02	-2.90	-32.30	-91.02
PAT	1205.50	925.80	30.21	4467.80	2955.80	51.15	4467.80	2955.80	51.15
Equity	440.50	220.20	100.05	440.50	220.20	100.05	440.50	220.20	100.05
PBIDTM(%)	24.40	22.02	10.79	24.08	19.57	23.09	24.08	19.57	23.09