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Orbit Exports - Quaterly Results

02 Aug 2023 Evaluate
The company witnessed a 10.56% growth in the revenue at Rs. 560.37 millions for the quarter ended June 2023 as compared to Rs. 506.83 millions during the year-ago period.Modest increase of 9.56% in the Net Profit was reported from. 106.73 millions to Rs. 116.93  millions.Operating profit for the quarter ended June 2023 rose to 200.23 millions as compared to 181.88 millions of corresponding quarter ended June 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 560.37 506.83 10.56 560.37 506.83 10.56 1894.72 1231.07 53.91
Other Income 12.62 15.19 -16.92 12.62 15.19 -16.92 31.02 26.43 17.37
PBIDT 200.23 181.88 10.09 200.23 181.88 10.09 575.93 354.12 62.64
Interest 7.80 7.47 4.42 7.80 7.47 4.42 33.86 19.49 73.73
PBDT 192.43 174.41 10.33 192.43 174.41 10.33 538.40 329.46 63.42
Depreciation 36.45 33.38 9.20 36.45 33.38 9.20 140.57 118.61 18.51
PBT 155.98 141.03 10.60 155.98 141.03 10.60 397.83 210.85 88.68
TAX 39.05 34.30 13.85 39.05 34.30 13.85 92.48 51.96 77.98
Deferred Tax 0.94 -4.54 -120.70 0.94 -4.54 -120.70 -6.86 5.12 -233.98
PAT 116.93 106.73 9.56 116.93 106.73 9.56 305.35 158.89 92.18
Equity 270.14 273.83 -1.35 270.14 273.83 -1.35 269.75 273.83 -1.49
PBIDTM(%) 35.73 35.89 -0.43 35.73 35.89 -0.43 30.40 28.77 5.67
Peers
Company Name CMP
Vardhman Textiles 554.10
Welspun Living 220.95
Arvind 547.10
Raymond Lifestyle 680.65
K.P.R. Mill 1102.65
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