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Sky Industries - Quaterly Results

16 May 2023 Evaluate
The Revenue for the quarter ended  March 2023 of Rs. 175.42 millions grew by 5.47 % from Rs. 166.32 millions.The Company to register a -66.01%  fall in the net profit for the quarter ended March 2023.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 530.20
Welspun Living 264.50
Arvind 499.75
Raymond Lifestyle 511.50
K.P.R. Mill 1174.05
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