Nintec Systems Ltd.

A decent increase of about 57.06% in the turnover to Rs. 206.41 millions was observed for the quarter ended June 2024. The turnover stood at Rs. 131.42 millions during the similar quarter previous year.Profit for the quarter ended June 2024 rises by 82.41% to Rs. 49.05  millions from Rs. 26.89 millions.Operating profit surged to 69.22 millions from the corresponding previous quarter of 38.12 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202406	202306	% Var	202406	202306	% Var	202403	202303	% Var
Sales	206.41	131.42	57.06	206.41	131.42	57.06	647.42	322.99	100.45
Other Income	5.53	1.81	205.52	5.53	1.81	205.52	16.46	21.14	-22.14
PBIDT	69.22	38.12	81.58	69.22	38.12	81.58	197.90	79.27	149.65
Interest	0.66	0.00	0.00	0.66	0.00	0.00	0.31	0.03	933.33
PBDT	68.56	38.12	79.85	68.56	38.12	79.85	197.59	79.24	149.36
Depreciation	3.79	2.31	64.07	3.79	2.31	64.07	10.96	5.38	103.72
PBT	64.77	35.81	80.87	64.77	35.81	80.87	186.63	73.86	152.68
TAX	15.72	8.92	76.23	15.72	8.92	76.23	45.91	18.35	150.19
Deferred Tax	-0.56	-0.21	166.67	-0.56	-0.21	166.67	-0.98	0.00	0.00
PAT	49.05	26.89	82.41	49.05	26.89	82.41	140.72	55.51	153.50
Equity	185.76	103.20	80.00	185.76	103.20	80.00	185.76	103.20	80.00
PBIDTM(%)	33.54	29.01	15.61	33.54	29.01	15.61	30.57	24.54	24.55