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Lakshmi Mills Co - Quaterly Results

08 Feb 2024 Evaluate
A decent increase of about 55.73% in the turnover to Rs. 698.47 millions was observed for the quarter ended December 2023. The turnover stood at Rs. 448.52 millions during the similar quarter previous year.The Net Loss for the quarter ended December 2023 is Rs. -27.24 millions as compared to Net Loss of Rs. -39.16 millions of corresponding quarter ended December 2022 Operating profit Margin for the quarter ended December 2023 improved to 44.06% as compared to -25.86% of corresponding quarter ended December 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 698.47 448.52 55.73 1851.48 1951.97 -5.15 2399.14 3467.20 -30.80
Other Income 6.20 5.47 13.35 74.80 37.25 100.81 45.38 25.94 74.94
PBIDT 44.06 -25.86 -270.38 34.34 83.62 -58.93 78.02 513.87 -84.82
Interest 28.41 15.07 88.52 71.15 54.35 30.91 73.10 106.47 -31.34
PBDT 15.65 -31.33 -149.95 -34.95 38.87 -189.92 14.52 401.05 -96.38
Depreciation 52.23 21.31 145.10 129.82 57.20 126.96 82.30 71.73 14.74
PBT -36.58 -52.64 -30.51 -164.77 -18.33 798.91 -67.78 329.32 -120.58
TAX -9.34 -13.48 -30.71 -44.85 -5.03 791.65 -17.67 88.70 -119.92
Deferred Tax -9.34 -7.04 32.67 -44.85 -5.03 791.65 -17.67 24.22 -172.96
PAT -27.24 -39.16 -30.44 -119.92 -13.30 801.65 -50.11 240.62 -120.83
Equity 69.55 69.55 0.00 69.56 69.56 0.00 69.56 69.56 0.00
PBIDTM(%) 6.31 -5.77 -209.41 1.85 4.28 -56.71 3.25 14.82 -78.06
Peers
Company Name CMP
Vardhman Textiles 560.85
Welspun Living 212.00
Arvind 541.60
Raymond Lifestyle 656.20
K.P.R. Mill 1096.20
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