SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Acknit Industries - Quaterly Results

17 May 2023 Evaluate
Net sales declined -16.08%  to  Rs. 529.84 million from Rs. 631.34 millions.The Net Profit of the company registered a slight decline of -4.25% to Rs. 22.55  millions from Rs. 23.55 millions.Operating Profit reported a sharp decline to 45.59 millions from 50.62 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 529.84 631.34 -16.08 2384.69 2156.52 10.58 2384.69 2156.52 10.58
Other Income 0.43 10.81 -96.02 0.67 11.61 -94.23 0.67 11.61 -94.23
PBIDT 45.59 50.62 -9.94 182.54 166.64 9.54 182.54 166.64 9.54
Interest 5.86 7.85 -25.35 28.01 26.01 7.69 28.01 26.01 7.69
PBDT 39.73 42.77 -7.11 154.53 140.63 9.88 154.53 140.63 9.88
Depreciation 8.65 8.15 6.13 33.15 30.79 7.66 33.15 30.79 7.66
PBT 31.08 34.62 -10.23 121.38 109.84 10.51 121.38 109.84 10.51
TAX 8.53 11.07 -22.94 31.17 30.46 2.33 31.17 30.46 2.33
Deferred Tax 0.23 2.45 -90.61 0.03 2.11 -98.58 0.03 2.11 -98.58
PAT 22.55 23.55 -4.25 90.21 79.38 13.64 90.21 79.38 13.64
Equity 30.40 30.40 0.00 30.40 30.40 0.00 30.40 30.40 0.00
PBIDTM(%) 8.60 8.02 7.32 7.65 7.73 -0.94 7.65 7.73 -0.94

Acknit Industries Share Price

288.20 -1.80 (-0.62%)
22-Apr-2026 12:12 View Price Chart
Peers
Company Name CMP
Welspun Living 133.35
Vardhman Textiles 571.45
Arvind 390.80
K.P.R. Mill 928.25
Page Industries 37950.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×