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Surat Textile Mills - Quaterly Results

24 May 2023 Evaluate
The revenue slipped marginally during the March 2023 quarter. A decline of about Rs. 127.11 millions was observed as compared to Rs. 0.00 millions during the corresponding quarter last year.The Net Loss for the quarter ended March 2023 is Rs. -6.80 millions as compared to Net Profit of Rs. 9.54 millions of corresponding quarter ended March 2022The company reported a good operating profit of 7.67 millions compared to 5.11 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 127.11 0.00 0.00 253.13 0.00 0.00 253.13 0.00 0.00
Other Income 22.64 16.12 40.45 93.15 60.61 53.69 93.15 60.61 53.69
PBIDT 7.67 5.11 50.10 41.90 6.46 548.61 41.90 6.46 548.61
Interest 0.05 0.18 -72.22 0.35 0.61 -42.62 0.35 0.61 -42.62
PBDT 7.62 4.93 54.56 41.55 5.85 610.26 41.55 5.85 610.26
Depreciation 1.06 0.97 9.28 4.13 3.56 16.01 4.13 3.56 16.01
PBT 6.56 3.96 65.66 37.42 2.29 1534.06 37.42 2.29 1534.06
TAX 13.36 -5.58 -339.43 147.15 33.01 345.77 147.15 33.01 345.77
Deferred Tax 0.89 -5.58 -115.95 0.50 -5.58 -108.96 0.50 -5.58 -108.96
PAT -6.80 9.54 -171.28 -109.73 -30.72 257.19 -109.73 -30.72 257.19
Equity 222.06 222.06 0.00 222.06 222.06 0.00 222.06 222.06 0.00
PBIDTM(%) 6.03 0.00 0.00 16.55 0.00 0.00 16.55 0.00 0.00
Peers
Company Name CMP
Redington 335.35
Adani Enterprises 2590.00
Amrapali Industries 34.25
Maxgrow India 178.70
Rashi Peripheral 801.20
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