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STL Global - Quaterly Results

07 Nov 2023 Evaluate
The sales declined to Rs. 213.12 millions for the September 2023 quarter as compared to Rs. 256.90 millions during the corresponding quarter last year.The Net Loss for the quarter ended September 2023 is Rs. -3.25 millions as compared to Net Profit of Rs. 1.37 millions of corresponding quarter ended September 2022Operating profit for the quarter ended September 2023 decreased to 2.96 millions as compared to 8.19 millions of corresponding quarter ended September 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 213.12 256.90 -17.04 377.48 547.39 -31.04 1006.31 1204.11 -16.43
Other Income 0.08 0.02 300.00 0.49 0.44 11.36 2.23 9.34 -76.12
PBIDT 2.96 8.19 -63.86 -5.65 20.86 -127.09 25.61 50.30 -49.09
Interest 2.49 1.85 34.59 3.73 3.60 3.61 6.64 7.83 -15.20
PBDT 0.47 6.34 -92.59 -9.38 17.26 -154.35 18.97 42.47 -55.33
Depreciation 3.45 4.09 -15.65 6.86 7.59 -9.62 15.80 12.42 27.21
PBT -2.98 2.25 -232.44 -16.24 9.67 -267.94 3.17 30.05 -89.45
TAX 0.27 0.88 -69.32 0.55 1.95 -71.79 0.99 -4.98 -119.88
Deferred Tax 0.27 0.51 -47.06 0.55 0.34 61.76 0.49 -6.88 -107.12
PAT -3.25 1.37 -337.23 -16.79 7.72 -317.49 2.18 35.03 -93.78
Equity 272.22 272.22 0.00 274.53 274.53 0.00 272.22 272.22 0.00
PBIDTM(%) 1.39 3.19 -56.43 -1.50 3.81 -139.28 2.54 4.18 -39.08
Peers
Company Name CMP
Vardhman Textiles 577.60
Welspun Living 214.65
Arvind 552.40
Raymond Lifestyle 648.00
K.P.R. Mill 1141.30
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