Shriram Pistons & Rings Ltd

The revenue zoomed 12.14% to Rs. 7813.20 millions for the quarter ended March 2024 as compared to Rs. 6967.10 millions during the corresponding quarter last year.Net Profit recorded in the quarter ended March 2024 rise to 30.21% to Rs. 1205.50  millions  compared to R. 925.80 millions in corresponding previous quarter.The company reported a good operating profit of 1906.10 millions compared to 1534.10 millions of corresponding previous quarter.

(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