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Premco Global - Quaterly Results

18 May 2023 Evaluate
A decrease in the sales to Rs. 166.03 millions was observed for the quarter ended March 2023. The sales stood at Rs. 183.19 millions during the similar quarter previous year.Handsome Net Profit growth of 56.33% reported above the corresponding previous quarter figure of Rs. 26.67 millions to Rs. 17.06 millions.OP of the company witnessed a marginal growth to 43.62 millions from 32.74 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 166.03 183.19 -9.37 708.60 864.02 -17.99 708.60 864.02 -17.99
Other Income 4.11 6.19 -33.60 21.83 28.24 -22.70 21.83 28.24 -22.70
PBIDT 43.62 32.74 33.23 143.72 159.50 -9.89 143.72 159.50 -9.89
Interest 1.45 1.72 -15.70 5.53 7.70 -28.18 5.53 7.70 -28.18
PBDT 42.17 32.27 30.68 140.19 153.53 -8.69 140.19 153.53 -8.69
Depreciation 7.38 6.52 13.19 26.71 19.86 34.49 26.71 19.86 34.49
PBT 34.79 25.75 35.11 113.48 133.67 -15.10 113.48 133.67 -15.10
TAX 8.12 8.69 -6.56 24.03 40.07 -40.03 24.03 40.07 -40.03
Deferred Tax 1.15 3.96 -70.96 -1.85 7.64 -124.21 -1.85 7.64 -124.21
PAT 26.67 17.06 56.33 89.45 93.60 -4.43 89.45 93.60 -4.43
Equity 33.05 33.05 0.00 33.05 33.05 0.00 33.05 33.05 0.00
PBIDTM(%) 26.27 17.87 47.00 20.28 18.46 9.87 20.28 18.46 9.87
Peers
Company Name CMP
Vardhman Textiles 560.85
Welspun Living 212.00
Arvind 541.60
Raymond Lifestyle 656.20
K.P.R. Mill 1096.20
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