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Trident Texofab - Quaterly Results

24 Apr 2023 Evaluate
Revenue showed a marginal decline at Rs. 242.41 millions. For the quarter ended March 2023, as compared to corresponding quarter of last year.Net Profit for the quarter ended March 2023 dipped to Rs. 0.57  millions from Rs. 6.67 millions  in the corresponding previous quarter.Operating profit for the quarter ended March 2023 rose to 14.24 millions as compared to 10.42 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 242.41 245.05 -1.08 963.56 842.93 14.31 963.56 842.93 14.31
Other Income 8.92 3.47 157.06 19.04 7.41 156.95 19.04 7.41 156.95
PBIDT 14.24 10.42 36.66 82.12 55.27 48.58 82.12 55.27 48.58
Interest 10.89 4.66 133.69 37.11 28.30 31.13 37.11 28.30 31.13
PBDT 2.53 6.49 -61.02 43.71 27.40 59.53 43.71 27.40 59.53
Depreciation 4.08 3.48 17.24 16.44 14.66 12.14 16.44 14.66 12.14
PBT -1.55 3.01 -151.50 27.27 12.74 114.05 27.27 12.74 114.05
TAX -2.12 -3.66 -42.08 5.07 2.91 74.23 5.07 2.91 74.23
Deferred Tax 0.48 -2.12 -122.64 4.07 2.91 39.86 4.07 2.91 39.86
PAT 0.57 6.67 -91.45 22.20 9.83 125.84 22.20 9.83 125.84
Equity 100.70 100.70 0.00 100.70 100.70 0.00 100.70 100.70 0.00
PBIDTM(%) 5.87 4.25 38.15 8.52 6.56 29.98 8.52 6.56 29.98
Peers
Company Name CMP
Vardhman Textiles 541.95
Welspun Living 227.45
Arvind 545.30
Raymond Lifestyle 674.00
K.P.R. Mill 1103.60
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