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FAZE Three Autofab - Quaterly Results

03 May 2023 Evaluate
The sales for the March 2023 quarter moved down -51.86% to Rs. 401.10 millions as compared to Rs. 833.20 millions during the year ago period.A radical decline of -80.17% was reported in the net profit of the company for the quarter ended March 2023 to Rs. 4.70  millions from Rs. 23.70 millions.Operating profit for the quarter ended March 2023 decreased to 23.90 millions as compared to 48.00 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 401.10 833.20 -51.86 1684.70 1960.30 -14.06 1684.70 1960.30 -14.06
Other Income 1.80 2.50 -28.00 6.80 5.20 30.77 6.80 5.20 30.77
PBIDT 23.90 48.00 -50.21 156.20 246.90 -36.74 156.20 246.90 -36.74
Interest 8.90 10.50 -15.24 33.90 41.80 -18.90 33.90 41.80 -18.90
PBDT 15.00 37.50 -60.00 122.30 205.10 -40.37 122.30 205.10 -40.37
Depreciation 13.70 14.00 -2.14 52.60 54.20 -2.95 52.60 54.20 -2.95
PBT 1.30 23.50 -94.47 69.70 150.90 -53.81 69.70 150.90 -53.81
TAX -3.40 -0.20 1600.00 25.70 21.40 20.09 25.70 21.40 20.09
Deferred Tax -5.00 -2.20 127.27 2.00 -1.90 -205.26 2.00 -1.90 -205.26
PAT 4.70 23.70 -80.17 44.00 129.50 -66.02 44.00 129.50 -66.02
Equity 107.20 107.20 0.00 107.20 107.20 0.00 107.20 107.20 0.00
PBIDTM(%) 5.96 5.76 3.43 9.27 12.60 -26.39 9.27 12.60 -26.39
Peers
Company Name CMP
Vardhman Textiles 529.75
Welspun Living 239.05
Arvind 534.80
Raymond Lifestyle 628.20
K.P.R. Mill 1071.60
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