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Minaxi Textiles - Quaterly Results

12 Aug 2023 Evaluate
Revenue reduced marginally to stand at Rs. 96.54 millions during the quarter ended June 2023. The figure stood at Rs. 100.64 millions during the year-ago period.The Total Profit for the quarter ended June 2023 of Rs. 6.28 millions grew from Rs.-10.64 millions Operating profit Margin for the quarter ended June 2023 improved to 13.06% as compared to -10.73% 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 96.54 100.64 -4.07 96.54 100.64 -4.07 292.11 311.06 -6.09
Other Income 8.29 0.69 1101.45 8.29 0.69 1101.45 0.45 0.78 -42.31
PBIDT 13.06 -10.73 -221.71 13.06 -10.73 -221.71 -55.20 7.86 -802.29
Interest 3.20 4.50 -28.89 3.20 4.50 -28.89 21.67 22.19 -2.34
PBDT 9.86 -15.23 -164.74 9.86 -15.23 -164.74 -76.87 -14.33 436.43
Depreciation 1.54 1.57 -1.91 1.54 1.57 -1.91 6.17 6.28 -1.75
PBT 8.32 -16.80 -149.52 8.32 -16.80 -149.52 -83.04 -20.61 302.91
TAX 2.04 -6.16 -133.12 2.04 -6.16 -133.12 -20.91 -4.71 343.95
Deferred Tax 2.04 -6.16 -133.12 2.04 -6.16 -133.12 -20.91 -5.02 316.53
PAT 6.28 -10.64 -159.02 6.28 -10.64 -159.02 -62.13 -15.90 290.75
Equity 49.42 49.42 0.00 49.42 49.42 0.00 49.42 49.42 0.00
PBIDTM(%) 13.53 -10.66 -226.88 13.53 -10.66 -226.88 -18.90 2.53 -847.86
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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