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Lagnam Spintex - Quaterly Results

15 Jan 2022 Evaluate
A decent increase of about 45.04% in the sales to Rs. 909.51 millions was observed for the quarter ended December 2021. The sales figure stood at Rs. 627.07 millions during the year-ago period.The Total revenue for the quarter ended December 2021 of  Rs. 94.02  millions  grew by 107.23% from Rs. 45.37 millions.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 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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