ASK Automotive - Quaterly Results
Date: 18-05-2024
The sales moved up 30.34% to Rs. 7413.95 millions for the March 2024 quarter as compared to Rs. 5688.18 millions during the year-ago period.Net profit for the quarter ended March 2024 increased significantly by 80.54% to Rs. 458.74 millions from Rs. 254.09 millions.Operating profit for the quarter ended March 2024 rose to 783.06 millions as compared to 530.52 millions of corresponding quarter ended March 2023.
| | Quarter ended | Year to Date | Year ended |
| | 202403 | 202303 | % Var | 202403 | 202303 | % Var | 202403 | 202303 | % Var |
| Sales | 7413.95 | 5688.18 | 30.34 | 29264.33 | 25554.25 | 14.52 | 29264.33 | 25554.25 | 14.52 |
| Other Income | 80.67 | 39.66 | 103.40 | 237.55 | 149.52 | 58.88 | 237.55 | 149.52 | 58.88 |
| PBIDT | 783.06 | 530.52 | 47.60 | 3070.86 | 2534.35 | 21.17 | 3070.86 | 2534.35 | 21.17 |
| Interest | 28.08 | 35.58 | -21.08 | 147.37 | 108.53 | 35.79 | 147.37 | 108.53 | 35.79 |
| PBDT | 754.98 | 494.94 | 52.54 | 2923.49 | 2425.82 | 20.52 | 2923.49 | 2425.82 | 20.52 |
| Depreciation | 139.83 | 148.30 | -5.71 | 570.38 | 597.84 | -4.59 | 570.38 | 597.84 | -4.59 |
| PBT | 615.15 | 346.64 | 77.46 | 2353.11 | 1827.98 | 28.73 | 2353.11 | 1827.98 | 28.73 |
| TAX | 156.41 | 92.55 | 69.00 | 596.95 | 468.06 | 27.54 | 596.95 | 468.06 | 27.54 |
| Deferred Tax | 6.88 | -0.66 | -1142.42 | -13.13 | -17.71 | -25.86 | -13.13 | -17.71 | -25.86 |
| PAT | 458.74 | 254.09 | 80.54 | 1756.16 | 1359.92 | 29.14 | 1756.16 | 1359.92 | 29.14 |
| Equity | 394.28 | 394.28 | 0.00 | 394.28 | 394.28 | 0.00 | 394.28 | 394.28 | 0.00 |
| PBIDTM(%) | 10.56 | 9.33 | 13.24 | 10.49 | 9.92 | 5.81 | 10.49 | 9.92 | 5.81 |