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Lagnam Spintex - Quaterly Results

15 Jan 2022 Evaluate
The sales surged to Rs. 909.51 millions, up 45.04% for the December 2021 quarter as against Rs. 627.07 millions during the corresponding quarter previous year.Net Profit witnessed a 107.23% growth almost the double from Rs. 45.37 millions to Rs. 94.02  millions  of same quarter last year.Operating profit surged to 178.73 millions from the corresponding previous quarter of 101.81 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202103 202003 % Var
Sales 909.51 627.07 45.04 2470.06 1322.97 86.71 2057.07 1767.77 16.37
Other Income 2.17 1.38 57.25 2.93 2.37 23.63 0.00 0.00 0.00
PBIDT 178.73 101.81 75.55 438.13 119.72 265.96 261.64 158.45 65.12
Interest 28.25 31.08 -9.11 80.94 87.08 -7.05 116.44 93.06 25.12
PBDT 150.48 70.73 112.75 357.19 32.64 994.33 145.20 65.39 122.05
Depreciation 19.08 18.38 3.81 56.80 56.26 0.96 75.19 59.38 26.63
PBT 131.40 52.35 151.00 300.39 -23.62 -1371.76 70.01 6.01 1064.89
TAX 37.38 6.98 435.53 83.49 -6.37 -1410.68 24.74 -5.22 -573.95
Deferred Tax 37.38 6.98 435.53 83.49 -6.37 -1410.68 24.74 -5.22 -573.95
PAT 94.02 45.37 107.23 216.90 -17.25 -1357.39 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(%) 19.65 16.24 21.04 17.74 9.05 96.01 12.72 8.96 41.90
Peers
Company Name CMP
Welspun Living 133.50
Vardhman Textiles 569.25
Arvind 388.45
K.P.R. Mill 927.15
Page Industries 37981.15
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