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Bhandari Hosiery Exp - Quaterly Results

14 Feb 2024 Evaluate
A fair growth of 7.83% in the revenue at Rs. 602.74 millions was reported in the December 2023 quarter as compared to Rs. 558.96 millions during year-ago period.Net profit showed a marginal rise at Rs. 17.72 millions for the quarter ended December 2023, as compared to corresponding quarter of last year.OP of the company witnessed a marginal growth to 63.18 millions from 61.26 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 602.74 558.96 7.83 1779.05 1728.18 2.94 2832.26 2832.82 -0.02
Other Income 0.27 0.09 200.00 0.33 0.17 94.12 0.85 1.54 -44.81
PBIDT 63.18 61.26 3.13 178.88 173.99 2.81 234.35 225.93 3.73
Interest 28.60 26.81 6.68 79.11 76.53 3.37 103.38 102.74 0.62
PBDT 34.58 34.45 0.38 99.77 97.46 2.37 130.97 123.19 6.32
Depreciation 13.06 13.44 -2.83 38.85 42.33 -8.22 52.07 54.69 -4.79
PBT 21.52 21.01 2.43 60.92 55.13 10.50 78.90 68.50 15.18
TAX 3.80 3.30 15.15 12.00 5.80 106.90 13.84 5.80 138.62
Deferred Tax 0.00 0.80 0.00 0.00 0.80 0.00 -2.18 0.40 -645.00
PAT 17.72 17.71 0.06 48.92 49.33 -0.83 65.06 62.70 3.76
Equity 163.44 146.53 11.54 163.44 146.53 11.54 146.53 146.53 0.00
PBIDTM(%) 10.48 10.96 -4.36 10.05 10.07 -0.13 8.27 7.98 3.75
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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