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Garment Mantra Life - Quaterly Results

10 Feb 2023 Evaluate
A decrease of about -45.74% in the sales to Rs. 173.21 millions was observed for the quarter ended December 2022. The sales stood at Rs. 319.22 millions during the similar quarter previous year.Net profit was down at Rs. 1.71  millions against Rs. 19.35 millions recorded in the corresponding quarter a year ago.The net profit spiraled down by -91.16%.A decline of 8.26 millions was observed in the OP in the quarter ended December 2022 from 30.53 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 173.21 319.22 -45.74 642.41 763.11 -15.82 1039.19 1062.97 -2.24
Other Income 0.89 0.40 122.50 1.91 1.18 61.86 1.87 1.66 12.65
PBIDT 8.26 30.53 -72.94 25.10 72.70 -65.47 38.72 95.19 -59.32
Interest 5.24 3.67 42.78 14.09 11.32 24.47 15.81 17.16 -7.87
PBDT 3.02 26.86 -88.76 11.01 61.38 -82.06 22.92 78.03 -70.63
Depreciation 0.71 0.71 0.00 2.13 2.13 0.00 3.28 2.83 15.90
PBT 2.31 26.15 -91.17 8.88 59.25 -85.01 19.64 75.20 -73.88
TAX 0.60 6.80 -91.18 2.31 15.40 -85.00 4.75 20.55 -76.89
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.16 -0.23 -169.57
PAT 1.71 19.35 -91.16 6.57 43.85 -85.02 14.89 54.65 -72.75
Equity 100.38 100.38 0.00 100.38 100.38 0.00 100.38 100.38 0.00
PBIDTM(%) 4.77 9.56 -50.14 3.91 9.53 -58.99 3.73 8.96 -58.39
Peers
Company Name CMP
Vardhman Textiles 567.35
Welspun Living 207.80
Arvind 575.25
Raymond Lifestyle 693.70
K.P.R. Mill 1109.40
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