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Lehar Footwears - Quaterly Results

23 May 2023 Evaluate
A decent increase of about 68.17% in the turnover to Rs. 503.86 millions was observed for the quarter ended March 2023. The turnover stood at Rs. 299.61 millions during the similar quarter previous year.Net Profit witnessed a 2907.02% growth almost the double from Rs. 0.57 millions to Rs. 17.14  millions  of same quarter last year.The company reported a good operating profit of 46.87 millions compared to 23.00 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 503.86 299.61 68.17 2021.64 1374.71 47.06 2021.64 1374.71 47.06
Other Income 6.22 7.37 -15.60 11.45 13.49 -15.12 11.45 13.49 -15.12
PBIDT 46.87 23.00 103.78 150.13 108.51 38.36 150.13 108.51 38.36
Interest 14.62 10.83 35.00 50.27 38.92 29.16 50.27 38.92 29.16
PBDT 32.25 12.17 165.00 99.86 69.59 43.50 99.86 69.59 43.50
Depreciation 8.89 8.77 1.37 34.61 33.01 4.85 34.61 33.01 4.85
PBT 23.36 3.40 587.06 65.25 36.58 78.38 65.25 36.58 78.38
TAX 6.22 2.83 119.79 13.95 11.53 20.99 13.95 11.53 20.99
Deferred Tax 2.91 -0.15 -2040.00 -2.48 -1.63 52.15 -2.48 -1.63 52.15
PAT 17.14 0.57 2907.02 51.30 25.05 104.79 51.30 25.05 104.79
Equity 156.65 136.79 14.52 156.65 136.79 14.52 156.65 136.79 14.52
PBIDTM(%) 9.30 7.68 21.17 7.43 7.89 -5.92 7.43 7.89 -5.92
Peers
Company Name CMP
Bata india 626.00
Relaxo Footwears 294.80
Campus Activewear 207.80
Superhouse 165.75
Liberty Shoes 236.05
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