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Premco Global - Quaterly Results

06 Nov 2023 Evaluate
The sales figure stood at Rs. 170.30 millions for the September 2023 quarter. The mentioned figure indicates a growth of about 27.65% as compared to Rs. 133.41 millions during the year-ago period.The company has announced a 33.74% increase in its profits to Rs . 16.53  millions for the  quarter ended September 2023 compared to Rs. 12.36 millions in the corresponding quarter in the previous year.Operating profit surged to 27.34 millions from the corresponding previous quarter of 21.48 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 170.30 133.41 27.65 319.31 339.41 -5.92 708.60 864.02 -17.99
Other Income 7.54 5.62 34.16 19.03 10.07 88.98 21.83 28.24 -22.70
PBIDT 27.34 21.48 27.28 58.84 51.40 14.47 143.72 159.50 -9.89
Interest 2.29 1.19 92.44 3.88 2.61 48.66 5.53 7.70 -28.18
PBDT 26.64 22.29 19.52 56.55 50.79 11.34 140.19 153.53 -8.69
Depreciation 6.17 6.44 -4.19 12.16 12.85 -5.37 26.71 19.86 34.49
PBT 20.47 15.85 29.15 44.39 37.94 17.00 113.48 133.67 -15.10
TAX 3.94 3.49 12.89 9.20 7.67 19.95 24.03 40.07 -40.03
Deferred Tax -0.34 1.56 -121.79 1.59 -2.31 -168.83 -1.85 7.64 -124.21
PAT 16.53 12.36 33.74 35.19 30.27 16.25 89.45 93.60 -4.43
Equity 33.05 33.05 0.00 33.05 33.05 0.00 33.05 33.05 0.00
PBIDTM(%) 16.05 16.10 -0.29 18.43 15.14 21.68 20.28 18.46 9.87
Peers
Company Name CMP
Vardhman Textiles 536.45
Welspun Living 235.85
Arvind 529.75
Raymond Lifestyle 624.95
K.P.R. Mill 1100.90
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