Tips Inds. - Quarterly Results
9th Nov 2020
The Sales for the quarter ended September 2020 of Rs. 164.67 millions rose by 40.20% from Rs. 117.45 millions.Net Profit for the quarter ended September 2020 zoomed to 158.05% from Rs. 26.08 millions to Rs. 67.30 millions.The company reported a good operating profit of 97.42 millions compared to 58.68 millions of corresponding previous quarter.
| | Quarter ended | Year to Date | Year ended |
| | 202009 | 201909 | % Var | 202009 | 201909 | % Var | 202003 | 201903 | % Var |
| Sales | 164.67 | 117.45 | 40.20 | 314.43 | 483.76 | -35.00 | 909.91 | 2032.39 | -55.23 |
| Other Income | 4.11 | 157.48 | -97.39 | 10.75 | 162.70 | -93.39 | 178.29 | 44.85 | 297.53 |
| PBIDT | 97.42 | 58.68 | 66.02 | 185.50 | 108.05 | 71.68 | 158.18 | 107.82 | 46.71 |
| Interest | 0.03 | 1.41 | -97.87 | 0.12 | 3.21 | -96.26 | 2.83 | 21.91 | -87.08 |
| PBDT | 97.39 | 57.27 | 70.05 | 185.38 | 104.84 | 76.82 | 155.35 | 85.91 | 80.83 |
| Depreciation | 2.21 | 28.01 | -92.11 | 4.38 | 33.43 | -86.90 | 11.80 | 13.01 | -9.30 |
| PBT | 95.18 | 29.26 | 225.29 | 181.00 | 71.41 | 153.47 | 143.55 | 72.90 | 96.91 |
| TAX | 27.88 | 3.18 | 776.73 | 52.87 | 11.87 | 345.41 | 30.16 | 44.42 | -32.10 |
| Deferred Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -2.14 | 29.07 | -107.36 |
| PAT | 67.30 | 26.08 | 158.05 | 128.13 | 59.54 | 115.20 | 113.39 | 28.48 | 298.14 |
| Equity | 129.69 | 143.19 | -9.43 | 129.69 | 143.19 | -9.43 | 143.19 | 143.19 | 0.00 |
| PBIDTM(%) | 59.16 | 49.96 | 18.41 | 59.00 | 22.34 | 164.13 | 17.38 | 5.31 | 227.69 |