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Vardhman Polytex - Quaterly Results

13 Feb 2024 Evaluate
A decrease of about -34.59% in the sales to Rs. 608.14 millions was observed for the quarter ended December 2023. The sales stood at Rs. 929.68 millions during the similar quarter previous year.Net profit of the cmpany stood at Rs. 53.11 millions for the quarter ended December 2023 a decline of -67.85% from Rs. 165.17 millions  in the same quarter last year. Operating profit Margin for the quarter ended December 2023 improved to -146.56% as compared to -174.20% 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 608.14 929.68 -34.59 2969.53 4523.70 -34.36 6155.10 9285.95 -33.72
Other Income 28.74 7.51 282.69 244.52 37.27 556.08 61.58 30.76 100.20
PBIDT -146.56 -174.20 -15.87 -164.89 -172.86 -4.61 -301.10 622.56 -148.36
Interest -225.83 139.31 -262.11 32.11 407.14 -92.11 534.01 641.62 -16.77
PBDT 79.27 194.88 -59.32 -197.00 186.75 -205.49 136.85 -19.06 -818.00
Depreciation 26.16 29.71 -11.95 80.07 92.96 -13.87 121.94 136.50 -10.67
PBT 53.11 165.17 -67.85 -277.07 93.79 -395.42 14.91 -155.56 -109.58
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 53.11 165.17 -67.85 -277.07 93.79 -395.42 14.91 -155.56 -109.58
Equity 272.91 242.91 12.35 272.91 242.91 12.35 222.91 222.91 0.00
PBIDTM(%) -24.10 -18.74 28.62 -5.55 -3.82 45.31 -4.89 6.70 -172.97
Peers
Company Name CMP
Vardhman Textiles 537.50
Welspun Living 235.00
Arvind 533.25
Raymond Lifestyle 628.90
K.P.R. Mill 1101.90
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