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HP Cotton Textile - Quaterly Results

12 Aug 2023 Evaluate
The sales surged to Rs. 262.90 millions, up 32.78% for the June 2023 quarter as against Rs. 198.00 millions during the corresponding quarter previous year.The Net Loss for the quarter ended June 2023 is Rs. -9.20 millions as compared to Net Loss of Rs. -14.10 millions of corresponding quarter ended June 2022Operating profit for the quarter ended June 2023 rose to 11.60 millions as compared to 0.10 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 262.90 198.00 32.78 262.90 198.00 32.78 839.80 1321.90 -36.47
Other Income 3.50 8.80 -60.23 3.50 8.80 -60.23 20.80 23.10 -9.96
PBIDT 11.60 0.10 11500.00 11.60 0.10 11500.00 -94.50 156.60 -160.34
Interest 14.60 9.60 52.08 14.60 9.60 52.08 53.50 30.70 74.27
PBDT -3.00 -9.50 -68.42 -3.00 -9.50 -68.42 -148.00 125.90 -217.55
Depreciation 8.90 8.90 0.00 8.90 8.90 0.00 39.70 29.60 34.12
PBT -11.90 -18.40 -35.33 -11.90 -18.40 -35.33 -187.70 96.30 -294.91
TAX -2.70 -4.30 -37.21 -2.70 -4.30 -37.21 -7.20 25.90 -127.80
Deferred Tax -2.70 -4.30 -37.21 -2.70 -4.30 -37.21 -7.00 9.50 -173.68
PAT -9.20 -14.10 -34.75 -9.20 -14.10 -34.75 -180.50 70.40 -356.39
Equity 39.20 38.70 1.29 39.20 38.70 1.29 39.20 38.70 1.29
PBIDTM(%) 4.41 0.05 8637.23 4.41 0.05 8637.23 -11.25 11.85 -194.99
Peers
Company Name CMP
Vardhman Textiles 554.05
Welspun Living 224.70
Arvind 550.00
Raymond Lifestyle 687.50
K.P.R. Mill 1108.00
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