Results     04-Aug-15
Analysis
Vesuvius India
Sharp recovery in margins
Related Tables
 Vesuvius India: Result
For the quarter ended June'15, net sales were up by 7% to Rs 168.50 crore. OPM was up by 370 bps to 19.1% resulting a 33% rise in OP to Rs 32.25 crore. Other income was up by 47% to Rs 2.64 crore. Depreciation was up by 19% to Rs 5.64 crore. After providing total tax of Rs 9.97 crore, up by 38%, PAT for June'15 quarter was up by 37% YoY to Rs 19.28 crore.

Performance for the 6 months ended June 2015

For the 6 months ended June'15, net sales was up by 7% to Rs 333.51 crore, OPM was up by 120 bps to 17.7%, thus OP was up by 14% to Rs 58.90 crore. Other income was up by 34% to Rs 5.09 crore. Depreciation was up by 16% to Rs 63.99 crore, after which PBT stood at Rs 52.89 crore, up by 16% YoY. After providing total tax of Rs 18.03 crore, up by 15%, PAT for the 6 months ended June'15 stood at Rs 34.86 crore, up by 16% YoY.

Performance for year ended Dec 2014

For year ended Dec'2014, the company reported net sales growth of 8% to Rs 652.23 crore. OPM was lower by about 290 bps to 15.3%, resulting in a 10% fall in OP to 99.95 crore. The other income was up by 59% to Rs 9.10 crore. The interest costs stood at Nil and depreciation was up by 9% to Rs 19.12 crore. After providing total tax of Rs 30.76 crore, down by about 9%, PAT was down by 9% and stood at Rs 59.17 crore for year ended Dec'14.

The promoter shareholding is around 55.57% and none of them are pledged.

Previous News
  Vesuvius India
 ( Results - Analysis 30-Apr-24   08:48 )
  Board of Vesuvius India recommends final dividend
 ( Corporate News - 28-Feb-23   10:17 )
  Board of Vesuvius India approves change in MD
 ( Corporate News - 20-Jun-24   13:10 )
  Vesuvius India fixes record date for dividend
 ( Market Beat - Reports 28-Feb-23   09:33 )
  Vesuvius India fixes record date for dividend
 ( Market Beat - Reports 25-Feb-22   10:01 )
  Vesuvius India
 ( Results - Analysis 27-Jul-23   08:15 )
  Vesuvius India to announce Quarterly Result
 ( Corporate News - 17-Oct-23   11:15 )
  Indices trade with decent gains; European mkt opens lower
 ( Market Commentary - Mid-Session 30-Apr-24   13:42 )
  Vesuvius India standalone net profit declines 19.09% in the December 2021 quarter
 ( Results - Announcements 25-Feb-22   08:18 )
  Board of Vesuvius India appoints CFO
 ( Corporate News - 28-Feb-23   09:31 )
  Benchmark ends with moderate losses; IT shares drops
 ( Market Commentary - Quick Review 30-Apr-24   15:53 )
Other Stories
  Apollo Hospitals Enterprise
  04-Jun-24   10:04
  ITL Industries
  01-Jun-24   02:14
  International Combustion (India)
  31-May-24   11:32
  Fluidomat
  31-May-24   11:28
  ISGEC Heavy Engineering
  31-May-24   11:24
  Sreeleathers
  31-May-24   11:20
  Cummins India
  31-May-24   11:18
  Bata India
  31-May-24   09:55
  Tata Steel
  31-May-24   08:36
  India Nippon Electricals
  31-May-24   07:03
Back Top