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Riba Textiles - Quaterly Results

09 Aug 2022 Evaluate
The Sales for the quarter ended June 2022 of Rs. 594.34 millions rose by 36.52% from Rs. 435.36 millions.The Company's Net profit for the June 2022 quarter have declined marginally to Rs. 10.60  millions as against Rs. 13.77 millions reported during the corresponding quarter ended.The Operating Profit of the company witnessed a decrease to 35.15 millions from 35.83 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 594.34 435.36 36.52 594.34 435.36 36.52 2346.10 1898.13 23.60
Other Income 2.44 1.14 114.04 2.44 1.14 114.04 4.72 6.63 -28.81
PBIDT 35.15 35.83 -1.90 35.15 35.83 -1.90 156.99 159.28 -1.44
Interest 9.06 9.14 -0.88 9.06 9.14 -0.88 47.84 36.44 31.28
PBDT 26.09 26.69 -2.25 26.09 26.69 -2.25 109.15 122.84 -11.14
Depreciation 10.55 10.16 3.84 10.55 10.16 3.84 41.64 47.69 -12.69
PBT 15.54 16.53 -5.99 15.54 16.53 -5.99 67.51 75.15 -10.17
TAX 4.94 2.76 78.99 4.94 2.76 78.99 18.60 16.30 14.11
Deferred Tax 1.83 0.00 0.00 1.83 0.00 0.00 6.23 3.67 69.75
PAT 10.60 13.77 -23.02 10.60 13.77 -23.02 48.91 58.85 -16.89
Equity 96.53 96.53 0.00 96.53 96.53 0.00 96.53 96.53 0.00
PBIDTM(%) 5.91 8.23 -28.14 5.91 8.23 -28.14 6.69 8.39 -20.26
Peers
Company Name CMP
Vardhman Textiles 577.60
Welspun Living 214.65
Arvind 552.40
Raymond Lifestyle 648.00
K.P.R. Mill 1141.30
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