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Garment Mantra Life - Quaterly Results

25 May 2023 Evaluate
The turnover soared 53.53% to Rs. 423.87 millions for the March 2023 quarter as compared to Rs. 276.08 millions during the corresponding quarter last year.The Total Profit for the quarter ended March 2023 of Rs. 0.57 millions grew from Rs.-28.98 millions Operating profit Margin for the quarter ended March 2023 improved to 8.20% as compared to -33.99% 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 423.87 276.08 53.53 1066.28 1039.19 2.61 1066.28 1039.19 2.61
Other Income 1.10 0.68 61.76 3.01 1.87 60.96 3.01 1.87 60.96
PBIDT 8.20 -33.99 -124.12 33.29 38.72 -14.02 33.29 38.72 -14.02
Interest 5.61 4.49 24.94 19.70 15.81 24.60 19.70 15.81 24.60
PBDT 2.62 -38.48 -106.81 13.62 22.92 -40.58 13.62 22.92 -40.58
Depreciation 1.50 1.16 29.31 3.63 3.28 10.67 3.63 3.28 10.67
PBT 1.12 -39.64 -102.83 9.99 19.64 -49.13 9.99 19.64 -49.13
TAX 0.55 -10.66 -105.16 5.61 4.75 18.11 5.61 4.75 18.11
Deferred Tax -0.12 0.16 -175.00 -0.12 0.16 -175.00 -0.12 0.16 -175.00
PAT 0.57 -28.98 -101.97 4.38 14.89 -70.58 4.38 14.89 -70.58
Equity 100.38 100.38 0.00 100.38 100.38 0.00 100.38 100.38 0.00
PBIDTM(%) 1.93 -12.31 -115.71 3.12 3.73 -16.21 3.12 3.73 -16.21
Peers
Company Name CMP
Vardhman Textiles 554.05
Welspun Living 224.70
Arvind 550.00
Raymond Lifestyle 687.50
K.P.R. Mill 1108.00
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