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Sangam India - Quaterly Results

28 Apr 2023 Evaluate
The sales is pegged at Rs. 6877.00 millions for the March 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 7463.50 millions during the year-ago period.The Net Profit of the company slipped to Rs. 332.70 millions from Rs. 542.60 millions, a decline of -38.68% on QoQ basis.Operating profit for the quarter ended March 2023 decreased to 761.80 millions as compared to 1069.90 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 6877.00 7463.50 -7.86 27153.00 24377.60 11.39 27153.00 24377.60 11.39
Other Income 57.40 -7.80 -835.90 174.70 71.60 143.99 174.70 71.60 143.99
PBIDT 761.80 1069.90 -28.80 3190.20 3148.00 1.34 3190.20 3148.00 1.34
Interest 95.50 112.30 -14.96 536.10 478.00 12.15 536.10 478.00 12.15
PBDT 489.00 834.70 -41.42 2396.60 2547.10 -5.91 2396.60 2547.10 -5.91
Depreciation 128.20 149.80 -14.42 781.70 703.40 11.13 781.70 703.40 11.13
PBT 360.80 684.90 -47.32 1614.90 1843.70 -12.41 1614.90 1843.70 -12.41
TAX 28.10 142.30 -80.25 269.50 434.40 -37.96 269.50 434.40 -37.96
Deferred Tax -48.00 -73.40 -34.60 -56.30 -138.90 -59.47 -56.30 -138.90 -59.47
PAT 332.70 542.60 -38.68 1345.40 1409.30 -4.53 1345.40 1409.30 -4.53
Equity 450.50 434.20 3.75 450.50 434.20 3.75 450.50 434.20 3.75
PBIDTM(%) 11.08 14.34 -22.72 11.75 12.91 -9.02 11.75 12.91 -9.02
Peers
Company Name CMP
Vardhman Textiles 558.90
Welspun Living 201.75
Arvind 555.70
Raymond Lifestyle 670.35
K.P.R. Mill 1121.55
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