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Kitex Garments - Quaterly Results

12 Nov 2022 Evaluate
Net sales declined -20.45%  to  Rs. 1416.70 million from Rs. 1780.85 millions.The Company's Net profit for the September 2022 quarter have declined marginally to Rs. 250.64  millions as against Rs. 272.56 millions reported during the corresponding quarter ended.Operating profit for the quarter ended September 2022 decreased to 362.65 millions as compared to 424.18 millions of corresponding quarter ended September 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 1416.70 1780.85 -20.45 3910.69 3318.70 17.84 7883.28 4553.88 73.11
Other Income 89.04 42.75 108.28 235.41 110.48 113.08 299.64 101.05 196.53
PBIDT 362.65 424.18 -14.51 928.23 774.64 19.83 2008.38 1104.88 81.77
Interest 11.56 2.68 331.34 25.22 3.31 661.93 36.19 25.40 42.48
PBDT 351.09 421.50 -16.70 903.01 771.33 17.07 1972.19 1079.48 82.70
Depreciation 53.91 52.46 2.76 108.40 105.50 2.75 214.38 231.04 -7.21
PBT 297.18 369.04 -19.47 794.61 665.83 19.34 1757.81 848.44 107.18
TAX 46.54 96.48 -51.76 176.13 173.55 1.49 474.99 249.43 90.43
Deferred Tax -53.06 -5.82 811.68 -72.47 -9.55 658.85 -5.91 -8.75 -32.46
PAT 250.64 272.56 -8.04 618.48 492.28 25.64 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(%) 25.60 23.82 7.47 23.74 23.34 1.69 25.48 24.26 5.00
Peers
Company Name CMP
Vardhman Textiles 560.35
Welspun Living 213.45
Arvind 544.45
Raymond Lifestyle 656.50
K.P.R. Mill 1112.50
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