Capitaline

Other income rose 16.64% to Rs 327.64 crore. PBIDT rose 3.62% to Rs 576.74 crore. Provision for interest fell 5.14% to Rs 139.38 crore.

PBDT rose 6.76% to Rs 437.36 crore. Provision for depreciation fell 15.26% to Rs 4.83 crore.

Profit before tax grew 7.08% to Rs 432.53 crore. Share of profit/loss was 31.63% lower at Rs 30.02 crore. Provision for tax was expense of Rs 103.98 crore, compared to Rs 65.44 crore. Effective tax rate was 22.48% compared to 14.61%.

For year-to-date (YTD) results analysis.

Consolidated net sales (including other operating income) of Rail Vikas Nigam for 9mFY24 has increased 4.21% to Rs 15175.22 crore.

Operating profit margin has declined from 5.99% to 5.91%, leading to 2.76% rise in operating profit to Rs 896.49 crore. Employee cost decreased from 1.05% to 0.95%. Other expenses rose from 92.96% to 93.15%. Other direct service cost fell from 92.39% to 92.38%.

Other income rose 22.26% to Rs 905.27 crore. PBIDT rose 11.71% to Rs 1801.76 crore. Provision for interest fell 3.89% to Rs 418.12 crore.

PBDT rose 17.48% to Rs 1383.64 crore. Provision for depreciation rose 0.42% to Rs 16.55 crore.

Profit before tax grew 17.72% to Rs 1,367.09 crore. Share of profit/loss was 56.05% lower at Rs 61.87 crore. Provision for tax was expense of Rs 332.88 crore, compared to Rs 240.76 crore. Effective tax rate was 23.30% compared to 18.49%.

Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 3.28% to Rs 1,096.08 crore.

Promoters’ stake was 72.84% as of 31 December 2023 ,compared to 78.20% as of 31 December 2022 .

Quarter ended

Year to Date

Year ended

Particulars

202312

202212

Var.(%)

202312

202212

Var.(%)

202303

202203

Var.(%)

Net Sales (including other operating income)

4,689.33

5,012.09

-6.44

15,175.22

14,561.74

4.21

20,281.57

19,381.71

4.64

OPM (%)

5.31

5.50

-19 bps

5.91

5.99

-8 bps

6.15

6.10

4 bps

249.10

275.68

-9.64

896.49

872.40

2.76

1,246.77

1,182.96

5.39

Other Inc.

327.64

280.91

16.64

905.27

740.42

22.26

996.47

800.24

24.52

PBIDT

576.74

556.59

3.62

1,801.76

1,612.82

11.71

2,243.24

1,983.20

13.11

Interest

139.38

146.94

-5.14

418.12

435.06

-3.89

581.37

563.71

3.13

PBDT

437.36

409.65

6.76

1,383.64

1,177.76

17.48

1,661.87

1,419.49

17.08

Depreciation

4.83

5.7

-15.26

16.55

16.48

0.42

22.32

20.91

6.74

PBT

432.53

403.95

7.08

1367.09

1161.28

17.72

1639.55

1398.58

17.23

Share of Profit/(Loss) from Associates

30.02

43.91

-31.63

61.87

140.78

-56.05

158.6

30.93

412.77

PBT before EO

462.55

447.86

3.28

1428.96

1302.06

9.75

1798.15

1429.51

25.79

EO Income

PBT after EO

462.55

447.86

3.28

1428.96

1302.06

9.75

1798.15

1429.51

25.79

Taxation

103.98

65.44

58.89

332.88

240.76

38.26

377.6

319.49

18.19

PAT

358.57

382.42

-6.24

1096.08

1061.3

3.28

1420.55

1110.02

27.98

Minority Interest (MI)

Net profit

358.57

382.42

-6.24

1096.08

1061.3

3.28

1420.55

1110.02

27.98

P/(L) from discontinued operations net of tax

Net profit after discontinued operations

358.57

382.42

-6.24

1096.08

1061.3

3.28

1420.55

1110.02

27.98

EPS (Rs)*

1.72

1.83

-6.24

5.26

5.09

3.28

6.81

5.32

27.98

* EPS is on current equity of Rs 2,085.02 crore, Face value of Rs 10, Excluding extraordinary items.

# EPS is not annualised

bps : Basis points

EO : Extraordinary items

Figures in Rs crore

Source: Capitaline Corporate Database