Nitin Castings - Quarterly Results
31st Aug 2020

The sales slipped to Rs. 69.13 millions, down -59.16% for the June 2020 quarter as against Rs. 169.25 millions during the year-ago period.The Net Loss for the quarter ended June 2020 is Rs. -3.57 millions as compared to Net Profit of Rs. 5.09 millions of corresponding quarter ended June 2019The company reported a degrowth in operating Profit to 3.96 millions from 21.01 millions.



(Rs. in Million)


  Quarter ended Year to Date Year ended
  202006 201906 % Var 202006 201906 % Var 202003 201903 % Var
Sales 69.13 169.25 -59.16 69.13 169.25 -59.16 640.82 737.60 -13.12
Other Income 1.97 0.70 181.43 1.97 0.70 181.43 9.82 17.04 -42.37
PBIDT 3.96 21.01 -81.15 3.96 21.01 -81.15 75.14 93.61 -19.73
Interest 1.65 2.46 -32.93 1.65 2.46 -32.93 13.51 9.08 48.79
PBDT 2.31 18.55 -87.55 2.31 18.55 -87.55 61.63 75.20 -18.05
Depreciation 5.49 11.16 -50.81 5.49 11.16 -50.81 45.00 43.12 4.36
PBT -3.18 7.39 -143.03 -3.18 7.39 -143.03 16.63 32.08 -48.16
TAX 0.39 2.30 -83.04 0.39 2.30 -83.04 3.37 8.71 -61.31
Deferred Tax 0.39 -0.61 -163.93 0.39 -0.61 -163.93 -3.32 -1.83 81.42
PAT -3.57 5.09 -170.14 -3.57 5.09 -170.14 13.26 23.37 -43.26
Equity 25.71 25.71 0.00 25.71 25.71 0.00 25.71 25.71 0.00
PBIDTM(%) 5.73 12.41 -53.85 5.73 12.41 -53.85 11.73 12.69 -7.61