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Global Knitfab reports Profit after tax of Rs -0.10 Mln, in the September 2023 quarter

30 Sep 2023 Evaluate
A slight decline in the revenue of Rs. 0.00 millions was seen for the September 2023 quarter as against Rs. 0.13 millions during year-ago period.The Net Loss for the quarter ended September 2023 is Rs. -0.10 millions as compared to Net Loss of Rs. -0.04 millions of corresponding quarter ended September 2022Operating profit Margin for the quarter ended September 2023 slipped to -0.02% as compared to 0.04% of corresponding quarter ended September 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 0.00 0.13 0.00 0.00 0.16 0.00 0.16 0.12 33.33
Other Income 0.01 0.01 0.00 0.02 0.02 0.00 4.42 8.46 -47.75
PBIDT -0.02 0.04 -150.00 -0.03 0.02 -250.00 3.77 7.85 -51.97
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.00
PBDT -0.02 0.04 -150.00 -0.03 0.02 -250.00 3.76 7.84 -52.04
Depreciation 0.10 0.10 0.00 0.21 0.21 0.00 0.42 0.41 2.44
PBT -0.12 -0.06 100.00 -0.24 -0.19 26.32 3.34 7.43 -55.05
TAX -0.02 -0.02 0.00 -0.04 -0.04 0.00 -0.08 -0.09 -11.11
Deferred Tax -0.02 -0.02 0.00 -0.04 -0.04 0.00 -0.08 -0.08 0.00
PAT -0.10 -0.04 150.00 -0.20 -0.15 33.33 3.42 7.52 -54.52
Equity 58.11 58.11 0.00 58.11 58.11 0.00 58.11 58.11 0.00
PBIDTM(%) 0.00 30.77 0.00 0.00 12.50 0.00 2356.25 6541.67 -63.98
Peers
Company Name CMP
Welspun Living 128.90
Vardhman Textiles 611.35
Arvind 398.55
K.P.R. Mill 936.15
Page Industries 36742.15
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