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Lagnam Spintex - Quaterly Results

28 Jul 2022 Evaluate
The company witnessed a 6.05% growth in the revenue at Rs. 792.33 millions for the quarter ended June 2022 as compared to Rs. 747.15 millions during the year-ago period.Profit for the quarter ended June 2022 increased merely by1.06% to Rs. 62.14  millions from Rs. 61.49 millions.Operating profit for the quarter ended June 2022 decreased to 130.16 millions as compared to 130.90 millions of corresponding quarter ended June 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 792.33 747.15 6.05 792.33 747.15 6.05 3484.41 2052.28 69.78
Other Income 0.26 0.00 0.00 0.26 0.00 0.00 5.13 3.00 71.00
PBIDT 130.16 130.90 -0.57 130.16 130.90 -0.57 589.45 263.16 123.99
Interest 24.66 27.52 -10.39 24.66 27.52 -10.39 108.76 118.76 -8.42
PBDT 105.50 103.38 2.05 105.50 103.38 2.05 480.69 144.40 232.89
Depreciation 18.81 18.86 -0.27 18.81 18.86 -0.27 75.25 75.54 -0.38
PBT 86.69 84.52 2.57 86.69 84.52 2.57 405.44 68.86 488.79
TAX 24.55 23.03 6.60 24.55 23.03 6.60 117.44 24.11 387.10
Deferred Tax -1.96 23.03 -108.51 -1.96 23.03 -108.51 112.31 24.11 365.82
PAT 62.14 61.49 1.06 62.14 61.49 1.06 288.00 44.75 543.58
Equity 176.69 176.69 0.00 176.69 176.69 0.00 176.69 176.69 0.00
PBIDTM(%) 16.43 17.52 -6.24 16.43 17.52 -6.24 16.92 12.82 31.93
Peers
Company Name CMP
Vardhman Textiles 561.95
Welspun Living 223.70
Arvind 548.00
Raymond Lifestyle 677.40
K.P.R. Mill 1136.75
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