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Gokak Textiles - Quaterly Results

10 Feb 2023 Evaluate
A decrease of about -37.21% in the sales to Rs. 185.09 millions was observed for the quarter ended December 2022. The sales stood at Rs. 294.79 millions during the similar quarter previous year.The Net Loss for the quarter ended December 2022 is Rs. -96.56 millions as compared to Net Loss of Rs. -83.89 millions of corresponding quarter ended December 2021 Operating profit Margin for the quarter ended December 2022 further decreased to -48.50% as compared to -32.58% 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 185.09 294.79 -37.21 571.74 879.88 -35.02 1200.89 1067.07 12.54
Other Income 11.90 12.31 -3.33 26.20 18.21 43.88 40.26 23.67 70.09
PBIDT -48.50 -32.58 48.86 -131.93 -89.51 47.39 -126.57 -174.53 -27.48
Interest 35.77 38.28 -6.56 107.02 107.87 -0.79 145.22 133.64 8.67
PBDT -84.27 -70.86 18.92 -238.95 -197.38 21.06 -271.79 -308.17 -11.81
Depreciation 12.29 13.03 -5.68 37.15 42.96 -13.52 54.07 60.55 -10.70
PBT -96.56 -83.89 15.10 -276.10 -240.34 14.88 -325.86 -368.72 -11.62
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -96.56 -83.89 15.10 -276.10 -240.34 14.88 -325.86 -368.72 -11.62
Equity 64.99 64.99 0.00 64.99 64.99 0.00 64.99 64.99 0.00
PBIDTM(%) -26.20 -11.05 137.09 -23.08 -10.17 126.83 -10.54 -16.36 -35.56
Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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