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Sky Industries - Quaterly Results

16 May 2023 Evaluate
The March 2023 quarter revenue stood at Rs. 175.42 millions, up 5.47% as compared to Rs. 166.32 millions during the corresponding quarter last year.Net profit of the cmpany stood at Rs. 5.49 millions for the quarter ended March 2023 a decline of -66.01% from Rs. 16.15 millions  in the same quarter last year.Operating profit for the quarter ended March 2023 decreased to 15.90 millions as compared to 26.48 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 175.42 166.32 5.47 749.21 702.45 6.66 749.21 702.45 6.66
Other Income 2.04 1.55 31.61 3.15 8.59 -63.33 3.15 8.59 -63.33
PBIDT 15.90 26.48 -39.95 56.32 97.23 -42.08 56.32 97.23 -42.08
Interest 4.75 2.96 60.47 15.96 12.63 26.37 15.96 12.63 26.37
PBDT 11.15 23.52 -52.59 40.36 84.60 -52.29 40.36 84.60 -52.29
Depreciation 4.27 2.60 64.23 16.98 18.90 -10.16 16.98 18.90 -10.16
PBT 6.88 20.92 -67.11 23.38 65.70 -64.41 23.38 65.70 -64.41
TAX 1.39 4.77 -70.86 5.68 16.97 -66.53 5.68 16.97 -66.53
Deferred Tax 0.17 0.41 -58.54 -0.30 0.36 -183.33 -0.30 0.36 -183.33
PAT 5.49 16.15 -66.01 17.70 48.73 -63.68 17.70 48.73 -63.68
Equity 78.60 68.50 14.74 78.60 68.50 14.74 78.60 68.50 14.74
PBIDTM(%) 9.06 15.92 -43.07 7.52 13.84 -45.69 7.52 13.84 -45.69
Peers
Company Name CMP
Vardhman Textiles 562.05
Welspun Living 223.60
Arvind 558.15
Raymond Lifestyle 693.00
K.P.R. Mill 1113.65
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