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Axita Cotton - Quaterly Results

12 Aug 2022 Evaluate
The turnover soared 60.92% to Rs. 2046.33 millions for the June 2022 quarter as compared to Rs. 1271.66 millions during the corresponding quarter last year.Net Profit witnessed a 110.30% growth almost the double from Rs. 21.17 millions to Rs. 44.52  millions  of same quarter last year.Operating Profit saw a handsome growth to 62.71 millions from 33.72 millions in the quarter ended June 2022.


(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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