Other income fell 2.27% to Rs 6.47 crore. PBIDT rose 37.73% to Rs 72.13 crore. Provision for interest up 13.46% to Rs 0.59 crore. PBDT rose 37.97% to Rs 71.54 crore. Provision for depreciation rose 15.33% to Rs 4.59 crore. Profit before tax grew 39.86% to Rs 66.95 crore. Provision for tax was expense of Rs 17.24 crore, compared to Rs 12.41 crore. Effective tax rate was 25.75% compared to 25.92%. Profit after tax rose 40.19% to Rs 49.71 crore.
For year-to-date (YTD) results analysis
Net sales (including other operating income) of Ingersoll-Rand (India) for the half year ended Sep 2023 has increased 10.18% to Rs 580.84 crore.
Other income up 17.75% to Rs 12.14 crore. PBIDT rose 49.05% to Rs 149.21 crore. Provision for interest fell 9.17% to Rs 0.99 crore. PBDT rose 49.69% to Rs 148.22 crore. Provision for depreciation rose 14.47% to Rs 8.94 crore.
Equity capital stood at Rs 31.57 crore as of 30 September 2023 to Rs 31.57 crore as of 30 September 2022. Per share face Value remained same at Rs 10.00.
Promoters’ stake was 75.00% as of 30 September 2023 ,compared to 75.00% as of 30 September 2022 .