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MoneyWorks4Me

Lagnam Spintex - Quaterly Results

29 Apr 2024 Evaluate
A decent increase of about 65.59% in the turnover to Rs. 1496.48 millions was observed for the quarter ended March 2024. The turnover stood at Rs. 903.71 millions during the similar quarter previous year.The Total revenue for the quarter ended March 2024 of  Rs. 73.00  millions  grew by 380.26% from Rs. 15.20 millions.Operating profit surged to 200.27 millions from the corresponding previous quarter of 74.73 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 1496.48 903.71 65.59 4375.02 3046.59 43.60 4375.02 3046.59 43.60
Other Income 1.74 0.37 370.27 2.87 2.27 26.43 2.87 2.27 26.43
PBIDT 200.27 74.73 167.99 453.67 310.30 46.20 453.67 310.30 46.20
Interest 62.48 33.81 84.80 152.61 109.76 39.04 152.61 109.76 39.04
PBDT 137.79 40.92 236.73 301.06 200.54 50.12 301.06 200.54 50.12
Depreciation 34.80 18.20 91.21 92.86 73.31 26.67 92.86 73.31 26.67
PBT 102.99 22.72 353.30 208.20 127.23 63.64 208.20 127.23 63.64
TAX 29.99 7.52 298.80 62.46 29.61 110.94 62.46 29.61 110.94
Deferred Tax 45.62 2.12 2051.89 64.23 1.83 3409.84 64.23 1.83 3409.84
PAT 73.00 15.20 380.26 145.74 97.62 49.29 145.74 97.62 49.29
Equity 176.69 176.69 0.00 176.69 176.69 0.00 176.69 176.69 0.00
PBIDTM(%) 13.38 8.27 61.84 10.37 10.19 1.81 10.37 10.19 1.81
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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