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Ashnoor Textile Mill - Quaterly Results

09 Feb 2023 Evaluate
The sales moved down -67.83% to Rs. 235.10 millions for the December 2022 quarter as compared to Rs. 730.71 millions during the corresponding quarter last year.A radical decline of -86.65% was reported in the net profit of the company for the quarter ended December 2022 to Rs. 3.51  millions from Rs. 26.29 millions.Operating profit for the quarter ended December 2022 decreased to 26.84 millions as compared to 54.16 millions of corresponding quarter ended December 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 235.10 730.71 -67.83 1412.85 1845.25 -23.43 2618.57 1182.36 121.47
Other Income 0.39 1.05 -62.86 6.39 7.58 -15.70 4.65 5.18 -10.23
PBIDT 26.84 54.16 -50.44 107.70 151.78 -29.04 192.89 118.46 62.83
Interest 8.69 10.41 -16.52 32.85 28.75 14.26 35.39 24.58 43.98
PBDT 18.15 43.75 -58.51 74.85 123.03 -39.16 157.06 100.64 56.06
Depreciation 13.16 7.65 72.03 38.34 23.54 62.87 36.86 30.84 19.52
PBT 4.99 36.10 -86.18 36.51 99.49 -63.30 120.20 69.80 72.21
TAX 1.48 9.81 -84.91 6.46 23.74 -72.79 30.65 15.57 96.85
Deferred Tax 0.89 -2.79 -131.90 -2.73 0.37 -837.84 0.15 3.69 -95.93
PAT 3.51 26.29 -86.65 30.05 75.75 -60.33 89.55 54.23 65.13
Equity 127.40 127.40 0.00 127.40 127.40 0.00 127.40 127.40 0.00
PBIDTM(%) 11.42 7.41 54.03 7.62 8.23 -7.32 7.37 10.02 -26.48
Peers
Company Name CMP
Vardhman Textiles 528.90
Welspun Living 217.50
Arvind 509.30
Raymond Lifestyle 568.30
K.P.R. Mill 1069.90
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