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GB Global - Quaterly Results

13 Feb 2024 Evaluate
The topline stands at Rs. 538.95 millions for the December 2023 quarter. The mentioned figure indicates a rise of about 92.76% as against Rs. 279.60 millions during the year-ago period.The Net Profit of the company slipped to Rs. 55.60 millions from Rs. 116.95 millions, a decline of -52.46% on QoQ basis.Operating profit for the quarter ended December 2023 decreased to 105.74 millions as compared to 199.17 millions 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 538.95 279.60 92.76 1507.46 851.65 77.00 1279.42 745.44 71.63
Other Income 169.01 215.86 -21.70 180.68 388.48 -53.49 897.19 227.80 293.85
PBIDT 105.74 199.17 -46.91 56.19 291.68 -80.74 553.68 -151.53 -465.39
Interest 2.23 1.13 97.35 4.51 3.27 37.92 5.04 2.43 107.41
PBDT 103.51 198.04 -47.73 51.68 288.41 -82.08 548.64 11403.16 -95.19
Depreciation 47.84 81.09 -41.00 164.23 244.79 -32.91 287.12 367.47 -21.87
PBT 55.67 116.95 -52.40 -112.55 43.62 -358.02 261.52 11035.69 -97.63
TAX 0.07 0.00 0.00 0.07 -3.84 -101.82 -3.84 -71.93 -94.66
Deferred Tax 0.07 0.00 0.00 0.07 -3.84 -101.82 -3.84 -71.93 -94.66
PAT 55.60 116.95 -52.46 -112.62 47.46 -337.29 265.36 11107.62 -97.61
Equity 500.33 500.33 0.00 500.33 500.33 0.00 500.33 500.33 0.00
PBIDTM(%) 19.62 71.23 -72.46 3.73 34.25 -89.12 43.28 -20.33 -312.89
Peers
Company Name CMP
Vardhman Textiles 561.95
Welspun Living 223.70
Arvind 548.00
Raymond Lifestyle 677.40
K.P.R. Mill 1136.75
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