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Axita Cotton - Quaterly Results

14 Nov 2022 Evaluate
The sales is pegged at Rs. 916.42 millions for the September 2022 quarter. The mentioned figure indicates a decline of about -61.18% as against Rs. 2360.75 millions during the year-ago period.A comparatively good net profit growth of 45.37% to Rs. 22.91 millions was reported for the quarter ended September 2022 compared to Rs. 15.76 millions of previous same quarter.OP of the company witnessed a marginal growth to 36.30 millions from 24.60 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 916.42 2360.75 -61.18 2962.75 3632.41 -18.44 8228.23 6187.93 32.97
Other Income 3.05 7.56 -59.66 12.92 23.32 -44.60 67.54 1.48 4463.51
PBIDT 36.30 24.60 47.56 99.01 58.32 69.77 216.22 91.74 135.69
Interest 1.15 1.90 -39.47 2.87 9.08 -68.39 16.81 32.91 -48.92
PBDT 35.15 22.70 54.85 96.14 49.24 95.25 199.41 58.83 238.96
Depreciation 3.03 1.20 152.50 4.11 2.24 83.48 4.96 4.42 12.22
PBT 32.12 21.50 49.40 92.03 47.00 95.81 194.45 54.41 257.38
TAX 9.21 5.74 60.45 24.60 10.07 144.29 49.07 17.07 187.46
Deferred Tax 0.12 2.55 -95.29 -2.21 0.40 -652.50 -2.25 3.02 -174.50
PAT 22.91 15.76 45.37 67.43 36.93 82.59 145.38 37.34 289.34
Equity 196.56 131.04 50.00 196.56 131.04 50.00 196.56 131.04 50.00
PBIDTM(%) 3.96 1.04 280.14 3.34 1.61 108.15 2.63 1.48 77.24
Peers
Company Name CMP
Vardhman Textiles 520.65
Welspun Living 226.05
Arvind 513.40
Raymond Lifestyle 574.90
K.P.R. Mill 1087.30
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