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Garware Marine Inds. - Quaterly Results

08 Aug 2022 Evaluate
A decrease in the sales to Rs. 3.23 millions was observed for the quarter ended June 2022. The sales stood at Rs. 3.84 millions during the similar quarter previous year.Net Profit of the company move down -42.26% to Rs. 0.97  millions from Rs. 1.68 millions  in the same quarter last year.A decline of 0.99 millions was observed in the OP in the quarter ended June 2022 from 1.71 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 3.23 3.84 -15.89 3.23 3.84 -15.89 15.84 12.99 21.94
Other Income 0.00 0.04 0.00 0.00 0.04 0.00 0.06 0.14 -57.14
PBIDT 0.99 1.71 -42.11 0.99 1.71 -42.11 0.19 1.61 -88.20
Interest 0.01 0.03 -66.67 0.01 0.03 -66.67 0.04 0.13 -69.23
PBDT 0.98 1.68 -41.67 0.98 1.68 -41.67 0.15 1.48 -89.86
Depreciation 0.01 0.00 0.00 0.01 0.00 0.00 0.01 0.01 0.00
PBT 0.97 1.68 -42.26 0.97 1.68 -42.26 0.14 1.47 -90.48
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.05 -60.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.97 1.68 -42.26 0.97 1.68 -42.26 0.12 1.42 -91.55
Equity 57.66 57.66 0.00 57.66 57.66 0.00 57.66 57.66 0.00
PBIDTM(%) 30.65 44.53 -31.17 30.65 44.53 -31.17 1.20 12.39 -90.32
Peers
Company Name CMP
Vardhman Textiles 567.35
Welspun Living 207.80
Arvind 575.25
Raymond Lifestyle 693.70
K.P.R. Mill 1109.40
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