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Laxmi Cotspin - Quaterly Results

12 Aug 2023 Evaluate
The revenue for the June 2023 quarter is pegged at Rs. 446.56 millions, about 11.06% up against Rs. 402.10 millions recorded during the year-ago period.The Net Loss for the quarter ended June 2023 is Rs. -27.10 millions as compared to Net Profit of Rs. 2.93 millions of corresponding quarter ended June 2022Operating profit Margin for the quarter ended June 2023 slipped to -10.57% as compared to 20.64% 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 446.56 402.10 11.06 446.56 402.10 11.06 1432.89 2159.43 -33.64
Other Income 0.49 7.64 -93.59 0.49 7.64 -93.59 14.31 13.58 5.38
PBIDT -10.57 20.64 -151.21 -10.57 20.64 -151.21 -15.42 135.93 -111.34
Interest 8.49 8.30 2.29 8.49 8.30 2.29 20.27 25.74 -21.25
PBDT -19.06 12.34 -254.46 -19.06 12.34 -254.46 -35.69 110.19 -132.39
Depreciation 8.04 8.43 -4.63 8.04 8.43 -4.63 32.62 32.33 0.90
PBT -27.10 3.91 -793.09 -27.10 3.91 -793.09 -68.31 77.86 -187.73
TAX 0.00 0.98 0.00 0.00 0.98 0.00 -9.80 26.38 -137.15
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -2.10 1.63 -228.83
PAT -27.10 2.93 -1024.91 -27.10 2.93 -1024.91 -58.51 51.48 -213.66
Equity 171.48 171.48 0.00 171.48 171.48 0.00 171.48 171.48 0.00
PBIDTM(%) -2.37 5.13 -146.11 -2.37 5.13 -146.11 -1.08 6.29 -117.10
Peers
Company Name CMP
Trident 25.70
Filatex India 44.25
Nitin Spinners 413.45
Nahar Spinning Mills 250.40
Sanathan Textiles 419.00
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