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Cheviot Company - Quaterly Results

25 May 2023 Evaluate
Net sales declined -17.56%  to  Rs. 1348.28 million from Rs. 1635.39 millions.The Net Profit of the company registered a slight decline of -9.06% to Rs. 137.12  millions from Rs. 150.78 millions.Operating profit for the quarter ended March 2023 decreased to 195.68 millions as compared to 209.75 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 1348.28 1635.39 -17.56 5635.88 5711.31 -1.32 5635.88 5711.31 -1.32
Other Income 21.72 32.97 -34.12 107.22 225.02 -52.35 107.22 225.02 -52.35
PBIDT 195.68 209.75 -6.71 761.92 1065.92 -28.52 761.92 1065.92 -28.52
Interest 1.23 1.80 -31.67 3.40 4.26 -20.19 3.40 4.26 -20.19
PBDT 194.45 207.95 -6.49 758.52 1061.66 -28.55 758.52 1061.66 -28.55
Depreciation 12.00 10.06 19.28 43.86 43.63 0.53 43.86 43.63 0.53
PBT 182.45 197.89 -7.80 714.66 1018.03 -29.80 714.66 1018.03 -29.80
TAX 45.33 47.11 -3.78 170.03 224.54 -24.28 170.03 224.54 -24.28
Deferred Tax 10.10 -4.24 -338.21 -7.00 -7.22 -3.05 -7.00 -7.22 -3.05
PAT 137.12 150.78 -9.06 544.63 793.49 -31.36 544.63 793.49 -31.36
Equity 60.17 60.17 0.00 60.17 60.17 0.00 60.17 60.17 0.00
PBIDTM(%) 14.51 12.83 13.16 13.52 18.66 -27.56 13.52 18.66 -27.56
Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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