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Kitex Garments - Quaterly Results

13 Aug 2022 Evaluate
The turnover for the June 2022 quarter moved up 62.17% to Rs. 2493.99 millions as compared to Rs. 1537.85 millions during the year-ago period.Net profit surges 67.41% to Rs. 367.84  millions  from Rs. 219.72 millions in the quarter ended June 2022.OP of the company witnessed a marginal growth to 565.58 millions from 350.46 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 2493.99 1537.85 62.17 2493.99 1537.85 62.17 7883.28 4553.88 73.11
Other Income 146.37 67.73 116.11 146.37 67.73 116.11 299.64 101.05 196.53
PBIDT 565.58 350.46 61.38 565.58 350.46 61.38 2008.38 1104.88 81.77
Interest 13.66 0.63 2068.25 13.66 0.63 2068.25 36.19 25.40 42.48
PBDT 551.92 349.83 57.77 551.92 349.83 57.77 1972.19 1079.48 82.70
Depreciation 54.49 53.04 2.73 54.49 53.04 2.73 214.38 231.04 -7.21
PBT 497.43 296.79 67.60 497.43 296.79 67.60 1757.81 848.44 107.18
TAX 129.59 77.07 68.15 129.59 77.07 68.15 474.99 249.43 90.43
Deferred Tax -19.41 -3.73 420.38 -19.41 -3.73 420.38 -5.91 -8.75 -32.46
PAT 367.84 219.72 67.41 367.84 219.72 67.41 1282.82 599.01 114.16
Equity 66.50 66.50 0.00 66.50 66.50 0.00 66.50 66.50 0.00
PBIDTM(%) 22.68 22.79 -0.49 22.68 22.79 -0.49 25.48 24.26 5.00
Peers
Company Name CMP
Vardhman Textiles 560.65
Welspun Living 213.40
Arvind 544.00
Raymond Lifestyle 656.50
K.P.R. Mill 1115.05
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