INGERSOLL RAND has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:
No. of Mths Qtr. Ending | 3 Mar-18* | 3 Dec-18* | 3 Mar-19* | QoQ Change | YoY Change | |
---|---|---|---|---|---|---|
Net Sales | Rs m | 1,363 | 2,075 | 1,913 | -7.8% | 40.4% |
Other income | Rs m | 181 | 72 | 74 | 3.9% | -59.0% |
Turnover | Rs m | 1,544 | 2,146 | 1,987 | -7.4% | 28.7% |
Expenses | Rs m | 1,077 | 1,807 | 1,668 | -7.7% | 54.9% |
Gross profit | Rs m | 286 | 267 | 245 | -8.3% | -14.3% |
Depreciation | Rs m | 29 | 29 | 29 | -2.1% | -2.4% |
Interest | Rs m | 24 | 0 | 4 | -84.6% | |
Profit before tax | Rs m | 414 | 310 | 287 | -7.3% | -30.6% |
Tax | Rs m | 149 | 100 | 119 | 18.3% | -20.3% |
Profit after tax | Rs m | 265 | 209 | 168 | -19.6% | -36.4% |
Gross profit margin | % | 21.0 | 12.9 | 12.8 | ||
Effective tax rate | % | 36.0 | 32.4 | 41.4 | ||
Net profit margin | % | 17.2 | 9.8 | 8.5 |
To see how INGERSOLL RAND has performed over the last eight quarters, please visit here.
Over the last one year, INGERSOLL RAND share price has moved up from Rs 667.4 to Rs 589.0, registering a Loss of Rs 78.4 or around 11.7%.
Meanwhile, the S&P BSE CAPITAL GOODS Index is trading at Rs 18,647.2 (down 0.5%). Over the last one year it has moved up from 18,293.4 to 18,647.2, a gain of 354 points (up 1.9%).
Overall, the S&P BSE SENSEX is up 13.9% over the year.
At the current price of Rs 589.0, the price to earnings (P/E) ratio of INGERSOLL RAND stands at 23.0 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.6 times.
Should you bet on this public sector defence shipbuilder?
For the quarter ended September 2019, INGERSOLL RAND has posted a net profit of Rs 227 m (up 1.2% YoY). Sales on the other hand came in at Rs 2 bn (down 3.4% YoY). Read on for a complete analysis of INGERSOLL RAND's quarterly results.
For the quarter ended June 2019, INGERSOLL RAND has posted a net profit of Rs 191 m (down 8.0% YoY). Sales on the other hand came in at Rs 2 bn (up 17.3% YoY). Read on for a complete analysis of INGERSOLL RAND's quarterly results.
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