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Faze Three - Quaterly Results

11 Aug 2023 Evaluate
Net sales declined -12.78%  to  Rs. 1277.70 million from Rs. 1464.90 millions.The Company's Net profit for the June 2023 quarter have declined marginally to Rs. 120.80  millions as against Rs. 145.40 millions reported during the corresponding quarter ended.Operating profit for the quarter ended June 2023 decreased to 237.90 millions as compared to 244.90 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 1277.70 1464.90 -12.78 1277.70 1464.90 -12.78 5479.20 5050.10 8.50
Other Income 49.80 11.40 336.84 49.80 11.40 336.84 55.70 69.80 -20.20
PBIDT 237.90 244.90 -2.86 237.90 244.90 -2.86 982.40 865.70 13.48
Interest 29.40 16.60 77.11 29.40 16.60 77.11 74.90 49.90 50.10
PBDT 208.50 228.30 -8.67 208.50 228.30 -8.67 907.50 815.80 11.24
Depreciation 44.60 30.10 48.17 44.60 30.10 48.17 140.40 101.90 37.78
PBT 163.90 198.20 -17.31 163.90 198.20 -17.31 767.10 713.90 7.45
TAX 43.10 52.80 -18.37 43.10 52.80 -18.37 192.70 203.20 -5.17
Deferred Tax 2.20 3.20 -31.25 2.20 3.20 -31.25 13.20 0.60 2100.00
PAT 120.80 145.40 -16.92 120.80 145.40 -16.92 574.40 510.70 12.47
Equity 243.20 243.20 0.00 243.20 243.20 0.00 243.20 243.20 0.00
PBIDTM(%) 18.62 16.72 11.37 18.62 16.72 11.37 17.93 17.14 4.59
Peers
Company Name CMP
Vardhman Textiles 555.40
Welspun Living 216.10
Arvind 538.95
Raymond Lifestyle 647.00
K.P.R. Mill 1118.05
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