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Surat Textile Mills - Quaterly Results

24 May 2023 Evaluate
The revenue for the March 2023 quarter is pegged at Rs. 127.11 millions against Rs. 0.00 millions recorded during the year-ago period.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 2022Operating profit surged to 7.67 millions from the corresponding previous quarter of 5.11 millions.


(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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