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Sky Industries - Quaterly Results

11 Aug 2023 Evaluate
The June 2023 quarter revenue stood at Rs. 195.81 millions, up 14.98% as compared to Rs. 170.30 millions during the corresponding quarter last year.The Company's Net profit for the June 2023 quarter have declined marginally to Rs. 7.64  millions as against Rs. 7.98 millions reported during the corresponding quarter ended.A decline of 16.94 millions was observed in the OP in the quarter ended June 2023 from 18.29 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 195.81 170.30 14.98 195.81 170.30 14.98 749.21 702.45 6.66
Other Income 3.09 0.10 2990.00 3.09 0.10 2990.00 3.15 8.59 -63.33
PBIDT 16.94 18.29 -7.38 16.94 18.29 -7.38 56.32 97.23 -42.08
Interest 2.79 3.34 -16.47 2.79 3.34 -16.47 15.96 12.63 26.37
PBDT 14.15 14.95 -5.35 14.15 14.95 -5.35 40.36 84.60 -52.29
Depreciation 4.35 4.17 4.32 4.35 4.17 4.32 16.98 18.90 -10.16
PBT 9.80 10.78 -9.09 9.80 10.78 -9.09 23.38 65.70 -64.41
TAX 2.16 2.80 -22.86 2.16 2.80 -22.86 5.68 16.97 -66.53
Deferred Tax -0.03 -0.66 -95.45 -0.03 -0.66 -95.45 -0.30 0.36 -183.33
PAT 7.64 7.98 -4.26 7.64 7.98 -4.26 17.70 48.73 -63.68
Equity 78.90 78.60 0.38 78.90 78.60 0.38 78.60 68.50 14.74
PBIDTM(%) 8.65 10.74 -19.45 8.65 10.74 -19.45 7.52 13.84 -45.69
Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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