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PALM Jewels - Quaterly Results

08 Feb 2023 Evaluate
The sales declined to Rs. 322.99 millions for the December 2022 quarter as compared to Rs. 362.78 millions during the corresponding quarter last year.The company reported a drastic decline of -90.39% in the quarter ended December 2022 to Rs. 0.32  millions from Rs. 3.33 millions  .Operating Profit reported a sharp decline to 0.99 millions from 4.51 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 322.99 362.78 -10.97 764.78 872.50 -12.35 1138.45 782.69 45.45
Other Income 0.77 0.14 450.00 1.17 0.23 408.70 0.32 0.00 0.00
PBIDT 0.99 4.51 -78.05 4.23 5.98 -29.26 5.54 4.40 25.91
Interest 0.32 0.48 -33.33 1.38 0.91 51.65 1.20 1.11 8.11
PBDT 0.67 4.03 -83.37 2.85 5.07 -43.79 4.34 3.29 31.91
Depreciation 0.15 0.00 0.00 0.45 0.00 0.00 0.72 0.68 5.88
PBT 0.52 4.03 -87.10 2.40 5.07 -52.66 3.62 2.61 38.70
TAX 0.20 0.70 -71.43 0.60 0.70 -14.29 0.00 0.62 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.00
PAT 0.32 3.33 -90.39 1.80 4.37 -58.81 3.62 1.99 81.91
Equity 100.41 100.41 0.00 100.41 100.41 0.00 100.41 100.41 0.00
PBIDTM(%) 0.31 1.24 -75.35 0.55 0.69 -19.30 0.49 0.56 -13.45
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