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Iris Clothings - Quaterly Results

13 May 2024 Evaluate
The company witnessed a 12.04% growth in the revenue at Rs. 421.18 millions for the quarter ended March 2024 as compared to Rs. 375.92 millions during the year-ago period.Net profit surges 56.65% to Rs. 34.87  millions  from Rs. 22.26 millions in the quarter ended March 2024.Operating profit surged to 71.04 millions from the corresponding previous quarter of 52.88 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 421.18 375.92 12.04 1219.21 1130.01 7.89 1219.21 1130.01 7.89
Other Income 0.25 0.32 -21.88 0.97 1.07 -9.35 0.97 1.07 -9.35
PBIDT 71.04 52.88 34.34 264.27 195.05 35.49 264.27 195.05 35.49
Interest 9.74 9.25 5.30 38.43 29.98 28.19 38.43 29.98 28.19
PBDT 61.30 43.63 40.50 225.84 165.07 36.81 225.84 165.07 36.81
Depreciation 15.92 13.04 22.09 60.91 53.03 14.86 60.91 53.03 14.86
PBT 45.38 30.59 48.35 164.93 112.04 47.21 164.93 112.04 47.21
TAX 10.51 8.33 26.17 42.82 29.46 45.35 42.82 29.46 45.35
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 34.87 22.26 56.65 122.11 82.58 47.87 122.11 82.58 47.87
Equity 163.14 163.14 0.00 163.14 163.14 0.00 163.14 163.14 0.00
PBIDTM(%) 16.87 14.07 19.91 21.68 17.26 25.58 21.68 17.26 25.58
Peers
Company Name CMP
Vardhman Textiles 575.60
Welspun Living 210.45
Arvind 569.60
K.P.R. Mill 1128.10
Raymond Lifestyle 687.95
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