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Sky Industries reports Profit after tax of Rs 16.15 Mln, in the March 2022 quarter

30 Apr 2022 Evaluate
The sales for the March 2022 quarter moved down to Rs. 166.32 millions as compared to Rs. 182.64 millions during the year-ago period.The company almost doubled its revenue to Rs. 16.15 millions  from Rs. 7.68 millions in the quarter ended March 2022.OP of the company witnessed a marginal growth to 26.48 millions from 19.64 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 166.32 182.64 -8.94 704.52 534.04 31.92 704.52 534.04 31.92
Other Income 1.55 0.94 64.89 6.53 4.27 52.93 6.53 4.27 52.93
PBIDT 26.48 19.64 34.83 89.86 46.10 94.92 89.86 46.10 94.92
Interest 2.96 3.29 -10.03 12.63 11.52 9.64 12.63 11.52 9.64
PBDT 23.52 16.35 43.85 77.23 25.37 204.41 77.23 25.37 204.41
Depreciation 2.60 5.13 -49.32 11.53 2.09 451.67 11.53 2.09 451.67
PBT 20.92 11.22 86.45 65.70 23.28 182.22 65.70 23.28 182.22
TAX 4.77 3.54 34.75 16.97 6.03 181.43 16.97 6.03 181.43
Deferred Tax 0.41 0.14 192.86 0.36 0.19 89.47 0.36 0.19 89.47
PAT 16.15 7.68 110.29 48.73 17.25 182.49 48.73 17.25 182.49
Equity 68.50 51.08 34.10 68.50 55.48 23.47 68.50 55.48 23.47
PBIDTM(%) 15.92 10.75 48.06 12.75 8.63 47.76 12.75 8.63 47.76
Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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