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Lagnam Spintex - Quaterly Results

16 Apr 2022 Evaluate
A decent increase of about 39.09% in the sales to Rs. 1014.37 millions was observed for the quarter ended March 2022. The sales figure stood at Rs. 729.30 millions during the year-ago period.Net profit stood at Rs. 70.97  millions  compared to Rs. 61.84 millions in the corresponding previous quarter,high by 14.76%.Operating Profit saw a handsome growth to 151.12 millions from 143.21 millions in the quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 1014.37 729.30 39.09 3484.41 2052.28 69.78 3484.41 2052.28 69.78
Other Income 2.19 0.62 253.23 5.13 3.00 71.00 5.13 3.00 71.00
PBIDT 151.12 143.21 5.52 589.45 263.16 123.99 589.45 263.16 123.99
Interest 27.81 31.68 -12.22 108.76 118.76 -8.42 108.76 118.76 -8.42
PBDT 123.31 111.53 10.56 480.69 144.40 232.89 480.69 144.40 232.89
Depreciation 18.45 19.27 -4.26 75.25 75.54 -0.38 75.25 75.54 -0.38
PBT 104.86 92.26 13.66 405.44 68.86 488.79 405.44 68.86 488.79
TAX 33.89 30.42 11.41 117.44 24.11 387.10 117.44 24.11 387.10
Deferred Tax 28.76 30.42 -5.46 112.31 24.11 365.82 112.31 24.11 365.82
PAT 70.97 61.84 14.76 288.00 44.75 543.58 288.00 44.75 543.58
Equity 176.69 176.69 0.00 176.69 176.69 0.00 176.69 176.69 0.00
PBIDTM(%) 14.90 19.64 -24.13 16.92 12.82 31.93 16.92 12.82 31.93
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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