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R&B Denims - Quaterly Results

10 May 2023 Evaluate
The sales is pegged at Rs. 750.86 millions for the March 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 1017.87 millions during the year-ago period.Net profit was down at Rs. 8.98  millions against Rs. 66.77 millions recorded in the corresponding quarter a year ago.The net profit spiraled down by -86.55%.Operating Profit reported a sharp decline to 41.80 millions from 108.32 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 750.86 1017.87 -26.23 2760.94 2962.35 -6.80 2760.94 2962.35 -6.80
Other Income 6.25 -3.42 -282.75 25.30 10.93 131.47 25.30 10.93 131.47
PBIDT 41.80 108.32 -61.41 270.83 355.24 -23.76 270.83 355.24 -23.76
Interest 9.58 16.36 -41.44 34.47 41.95 -17.83 34.47 41.95 -17.83
PBDT 32.22 106.26 -69.68 258.91 327.59 -20.97 258.91 327.59 -20.97
Depreciation 20.27 14.22 42.55 59.74 47.00 27.11 59.74 47.00 27.11
PBT 11.95 92.04 -87.02 199.17 280.59 -29.02 199.17 280.59 -29.02
TAX 2.97 25.27 -88.25 50.07 69.45 -27.90 50.07 69.45 -27.90
Deferred Tax 0.18 6.79 -97.35 12.66 21.13 -40.09 12.66 21.13 -40.09
PAT 8.98 66.77 -86.55 149.10 211.14 -29.38 149.10 211.14 -29.38
Equity 139.95 139.95 0.00 139.95 139.95 0.00 139.95 139.95 0.00
PBIDTM(%) 5.57 10.64 -47.69 9.81 11.99 -18.20 9.81 11.99 -18.20
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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