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Kitex Garments - Quaterly Results

19 May 2022 Evaluate
The total revenue for the March 2022 quarter zoomed 126.97% to Rs. 2535.53 millions as compared to Rs. 1117.12 millions during the year-ago period.The company almost doubled its revenue to Rs. 443.43 millions  from Rs. 97.29 millions in the quarter ended March 2022.The company reported a good operating profit of 688.31 millions compared to 221.18 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 2535.53 1117.12 126.97 7883.28 4553.88 73.11 7883.28 4553.88 73.11
Other Income 136.22 43.01 216.72 299.64 101.05 196.53 299.64 101.05 196.53
PBIDT 688.31 221.18 211.20 2008.38 1104.88 81.77 2008.38 1104.88 81.77
Interest 29.87 8.59 247.73 36.19 25.40 42.48 36.19 25.40 42.48
PBDT 658.44 212.59 209.72 1972.19 1079.48 82.70 1972.19 1079.48 82.70
Depreciation 54.28 52.72 2.96 214.38 231.04 -7.21 214.38 231.04 -7.21
PBT 604.16 159.87 277.91 1757.81 848.44 107.18 1757.81 848.44 107.18
TAX 160.73 62.58 156.84 474.99 249.43 90.43 474.99 249.43 90.43
Deferred Tax -3.17 0.80 -496.25 -5.91 -8.75 -32.46 -5.91 -8.75 -32.46
PAT 443.43 97.29 355.78 1282.82 599.01 114.16 1282.82 599.01 114.16
Equity 66.50 66.50 0.00 66.50 66.50 0.00 66.50 66.50 0.00
PBIDTM(%) 27.15 19.80 37.11 25.48 24.26 5.00 25.48 24.26 5.00
Peers
Company Name CMP
Vardhman Textiles 566.95
Welspun Living 213.65
Arvind 548.00
Raymond Lifestyle 655.30
K.P.R. Mill 1118.60
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