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Premco Global - Quaterly Results

21 May 2022 Evaluate
The sales declined to Rs. 183.19 millions for the March 2022 quarter as compared to Rs. 205.90 millions during the corresponding quarter last year.Net Profit witnessed a 124.47% growth almost the double from Rs. 7.60 millions to Rs. 17.06  millions  of same quarter last year.The company reported a good operating profit of 32.74 millions compared to 26.64 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 183.19 205.90 -11.03 864.02 620.16 39.32 864.02 620.16 39.32
Other Income 6.19 3.19 94.04 28.24 29.54 -4.40 28.24 29.54 -4.40
PBIDT 32.74 26.64 22.90 159.50 90.07 77.08 159.50 90.07 77.08
Interest 1.72 2.40 -28.33 7.70 8.08 -4.70 7.70 8.08 -4.70
PBDT 32.27 18.18 77.50 153.53 68.50 124.13 153.53 68.50 124.13
Depreciation 6.52 7.13 -8.56 19.86 20.40 -2.65 19.86 20.40 -2.65
PBT 25.75 11.05 133.03 133.67 48.10 177.90 133.67 48.10 177.90
TAX 8.69 3.45 151.88 40.07 12.14 230.07 40.07 12.14 230.07
Deferred Tax 3.96 -2.10 -288.57 7.64 4.47 70.92 7.64 4.47 70.92
PAT 17.06 7.60 124.47 93.60 35.96 160.29 93.60 35.96 160.29
Equity 33.05 33.05 0.00 33.05 33.05 0.00 33.05 33.05 0.00
PBIDTM(%) 17.87 12.94 38.13 18.46 14.52 27.10 18.46 14.52 27.10
Peers
Company Name CMP
Vardhman Textiles 560.85
Welspun Living 212.00
Arvind 541.60
Raymond Lifestyle 656.20
K.P.R. Mill 1096.20
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