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Lagnam Spintex - Quaterly Results

16 Oct 2021 Evaluate
The Turnover for the quarter ended September 2021 of Rs. 813.39 millions increase by 62.83% from Rs. 499.52 millions.The Net Profit of the company reported a remarkable increase of 437.16% to Rs. 61.72  millions  from Rs. 11.49 millions in previous same quarter.Operating profit for the quarter ended September 2021 rose to 128.83 millions as compared to 44.34 millions of corresponding quarter ended September 2020.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202109 202009 % Var 202109 202009 % Var 202103 202003 % Var
Sales 813.39 499.52 62.83 1560.55 695.90 124.25 2057.07 1767.77 16.37
Other Income 0.76 0.99 -23.23 0.76 0.99 -23.23 0.00 0.00 0.00
PBIDT 128.83 44.34 190.55 259.40 17.91 1348.35 261.64 158.45 65.12
Interest 25.17 27.21 -7.50 52.69 56.00 -5.91 116.44 93.06 25.12
PBDT 103.66 17.13 505.14 206.71 -38.09 -642.69 145.20 65.39 122.05
Depreciation 18.86 18.99 -0.68 37.72 37.88 -0.42 75.19 59.38 26.63
PBT 84.80 -1.86 -4659.14 168.99 -75.97 -322.44 70.01 6.01 1064.89
TAX 23.08 -13.35 -272.88 46.11 -13.35 -445.39 24.74 -5.22 -573.95
Deferred Tax 23.08 -13.35 -272.88 46.11 -13.35 -445.39 24.74 -5.22 -573.95
PAT 61.72 11.49 437.16 122.88 -62.62 -296.23 45.27 11.23 303.12
Equity 176.69 176.69 0.00 176.69 176.69 0.00 176.69 176.69 0.00
PBIDTM(%) 15.84 8.88 78.43 16.62 2.57 545.88 12.72 8.96 41.90
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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