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Lakshmi Mills Co - Quaterly Results

29 May 2023 Evaluate
A decrease of about -56.35% in the sales to Rs. 448.43 millions was observed for the quarter ended March 2023. The sales stood at Rs. 1027.25 millions during the similar quarter previous year.The Net Loss for the quarter ended March 2023 is Rs. -36.80 millions as compared to Net Profit of Rs. 47.50 millions of corresponding quarter ended March 2022Operating profit Margin for the quarter ended March 2023 slipped to -5.60% as compared to 113.75% 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 448.43 1027.25 -56.35 2399.14 3467.20 -30.80 2399.14 3467.20 -30.80
Other Income 6.88 8.48 -18.87 45.38 25.94 74.94 45.38 25.94 74.94
PBIDT -5.60 113.75 -104.92 78.02 513.87 -84.82 78.02 513.87 -84.82
Interest 18.75 19.74 -5.02 73.10 106.47 -31.34 73.10 106.47 -31.34
PBDT -24.35 91.65 -126.57 14.52 401.05 -96.38 14.52 401.05 -96.38
Depreciation 25.09 21.41 17.19 82.30 71.73 14.74 82.30 71.73 14.74
PBT -49.44 70.24 -170.39 -67.78 329.32 -120.58 -67.78 329.32 -120.58
TAX -12.64 22.74 -155.58 -17.67 88.70 -119.92 -17.67 88.70 -119.92
Deferred Tax -12.64 7.53 -267.86 -17.67 24.22 -172.96 -17.67 24.22 -172.96
PAT -36.80 47.50 -177.47 -50.11 240.62 -120.83 -50.11 240.62 -120.83
Equity 69.56 69.56 0.00 69.56 69.56 0.00 69.56 69.56 0.00
PBIDTM(%) -1.25 11.07 -111.28 3.25 14.82 -78.06 3.25 14.82 -78.06
Peers
Company Name CMP
Vardhman Textiles 560.85
Welspun Living 212.00
Arvind 541.60
Raymond Lifestyle 656.20
K.P.R. Mill 1096.20
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