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Axita Cotton - Quaterly Results

12 Aug 2022 Evaluate
The turnover zoomed to Rs. 2046.33 millions, up 60.92% for the June 2022 quarter as against Rs. 1271.66 millions during the year-ago period.Net Profit for the quarter ended June 2022 zoomed to 110.30% from Rs. 21.17 millions to Rs. 44.52  millions.Operating profit for the quarter ended June 2022 rose to 62.71 millions as compared to 33.72 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 2046.33 1271.66 60.92 2046.33 1271.66 60.92 8228.23 6187.93 32.97
Other Income 9.87 15.76 -37.37 9.87 15.76 -37.37 67.54 1.48 4463.51
PBIDT 62.71 33.72 85.97 62.71 33.72 85.97 216.22 91.74 135.69
Interest 1.72 7.18 -76.04 1.72 7.18 -76.04 16.81 32.91 -48.92
PBDT 60.99 26.54 129.80 60.99 26.54 129.80 199.41 58.83 238.96
Depreciation 1.08 1.04 3.85 1.08 1.04 3.85 4.96 4.42 12.22
PBT 59.91 25.50 134.94 59.91 25.50 134.94 194.45 54.41 257.38
TAX 15.39 4.33 255.43 15.39 4.33 255.43 49.07 17.07 187.46
Deferred Tax -2.33 -2.15 8.37 -2.33 -2.15 8.37 -2.25 3.02 -174.50
PAT 44.52 21.17 110.30 44.52 21.17 110.30 145.38 37.34 289.34
Equity 196.56 131.04 50.00 196.56 131.04 50.00 196.56 131.04 50.00
PBIDTM(%) 3.06 2.65 15.57 3.06 2.65 15.57 2.63 1.48 77.24
Peers
Company Name CMP
Vardhman Textiles 551.25
Welspun Living 222.25
Arvind 535.40
Raymond Lifestyle 652.85
K.P.R. Mill 1120.80
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