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STL Global - Quaterly Results

08 Aug 2023 Evaluate
A decrease of about -43.42% in the sales to Rs. 164.36 millions was observed for the quarter ended June 2023. The sales stood at Rs. 290.49 millions during the similar quarter previous year.The Net Loss for the quarter ended June 2023 is Rs. -13.54 millions as compared to Net Profit of Rs. 6.35 millions of corresponding quarter ended June 2022Operating profit Margin for the quarter ended June 2023 slipped to -8.61% as compared to 12.67% 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 164.36 290.49 -43.42 164.36 290.49 -43.42 1006.31 1204.11 -16.43
Other Income 0.41 0.42 -2.38 0.41 0.42 -2.38 2.23 9.34 -76.12
PBIDT -8.61 12.67 -167.96 -8.61 12.67 -167.96 25.61 50.30 -49.09
Interest 1.24 1.75 -29.14 1.24 1.75 -29.14 6.64 7.83 -15.20
PBDT -9.85 10.92 -190.20 -9.85 10.92 -190.20 18.97 42.47 -55.33
Depreciation 3.41 3.50 -2.57 3.41 3.50 -2.57 15.80 12.42 27.21
PBT -13.26 7.42 -278.71 -13.26 7.42 -278.71 3.17 30.05 -89.45
TAX 0.28 1.07 -73.83 0.28 1.07 -73.83 0.99 -4.98 -119.88
Deferred Tax 0.28 -0.17 -264.71 0.28 -0.17 -264.71 0.49 -6.88 -107.12
PAT -13.54 6.35 -313.23 -13.54 6.35 -313.23 2.18 35.03 -93.78
Equity 274.53 274.53 0.00 274.53 274.53 0.00 272.22 272.22 0.00
PBIDTM(%) -5.24 4.36 -220.11 -5.24 4.36 -220.11 2.54 4.18 -39.08
Peers
Company Name CMP
Vardhman Textiles 577.60
Welspun Living 214.65
Arvind 552.40
Raymond Lifestyle 648.00
K.P.R. Mill 1141.30
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