MoneyWorks4Me

ModernThreads reports Profit after tax of Rs 74.30 Mln, in the June 2023 quarter

15 Aug 2023 Evaluate
The revenue zoomed 5.58% to Rs. 732.58 millions for the quarter ended June 2023 as compared to Rs. 693.86 millions during the corresponding quarter last year.Profit for the quarter ended June 2023 rises by 97.97% to Rs. 74.30  millions from Rs. 37.53 millions.Operating Profit saw a handsome growth to 90.99 millions from 53.22 millions in the quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 732.58 693.86 5.58 732.58 693.86 5.58 3011.12 2226.31 35.25
Other Income 5.94 5.01 18.56 5.94 5.01 18.56 41.98 20.65 103.29
PBIDT 90.99 53.22 70.97 90.99 53.22 70.97 321.45 124.45 158.30
Interest 7.14 7.96 -10.30 7.14 7.96 -10.30 32.87 21.99 49.48
PBDT 83.85 45.26 85.26 83.85 45.26 85.26 2176.06 109.46 1888.00
Depreciation 9.55 7.73 23.54 9.55 7.73 23.54 34.91 29.98 16.44
PBT 74.30 37.53 97.97 74.30 37.53 97.97 2141.15 79.48 2593.95
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.08 -100.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 74.30 37.53 97.97 74.30 37.53 97.97 2141.15 79.40 2596.66
Equity 347.75 347.75 0.00 347.75 347.75 0.00 347.75 347.75 0.00
PBIDTM(%) 12.42 7.67 61.93 12.42 7.67 61.93 10.68 5.59 90.97
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