Dredging Corp - Quarterly Results
8th Aug 2019

The sales surged to Rs. 1964.85 millions, up 40.49% for the June 2019 quarter as against Rs. 1398.60 millions during the corresponding quarter previous year.The Net Profit of the company slipped to Rs. 8.20 millions from Rs. 28.50 millions, a decline of -71.23% on QoQ basis.The company reported a good operating profit of 342.41 millions compared to 340.90 millions of corresponding previous quarter.



(Rs. in Million)


  Quarter ended Year to Date Year ended
  201906 201806 % Var 201906 201806 % Var 201903 201803 % Var
Sales 1964.85 1398.60 40.49 1964.85 1398.60 40.49 6917.39 5918.74 16.87
Other Income 31.67 14.90 112.55 31.67 14.90 112.55 67.77 202.45 -66.53
PBIDT 342.41 340.90 0.44 342.41 340.90 0.44 1779.72 1551.76 14.69
Interest 36.80 42.20 -12.80 36.80 42.20 -12.80 175.40 202.31 -13.30
PBDT 305.61 298.70 2.31 305.61 298.70 2.31 1604.32 1349.46 18.89
Depreciation 290.83 264.90 9.79 290.83 264.90 9.79 1129.14 1131.78 -0.23
PBT 14.78 33.80 -56.27 14.78 33.80 -56.27 475.18 217.68 118.29
TAX 6.58 5.30 24.15 6.58 5.30 24.15 29.28 46.26 -36.71
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 8.20 28.50 -71.23 8.20 28.50 -71.23 445.90 171.43 160.11
Equity 280.00 280.00 0.00 280.00 280.00 0.00 280.00 280.00 0.00
PBIDTM(%) 17.43 24.37 -28.50 17.43 24.37 -28.50 25.73 26.22 -1.87