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HP Cotton Textile - Quaterly Results

14 May 2024 Evaluate
The revenue declined to Rs. 190.70 millions for the quarter ended March 2024 as compared to Rs. 199.70 millions during the corresponding quarter last year.The Net Loss for the quarter ended March 2024 is Rs. -22.60 millions as compared to Net Loss of Rs. -38.30 millions of corresponding quarter ended March 2023 Operating profit Margin for the quarter ended March 2024 improved to -1.40% as compared to -12.80% of corresponding quarter ended March 2023


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 190.70 199.70 -4.51 935.60 839.80 11.41 935.60 839.80 11.41
Other Income 6.10 4.40 38.64 18.00 20.80 -13.46 18.00 20.80 -13.46
PBIDT -1.40 -12.80 -89.06 59.90 -94.50 -163.39 59.90 -94.50 -163.39
Interest 17.20 18.10 -4.97 66.70 53.50 24.67 66.70 53.50 24.67
PBDT -18.60 -30.90 -39.81 -6.80 -148.00 -95.41 -6.80 -148.00 -95.41
Depreciation 8.60 9.20 -6.52 35.00 39.70 -11.84 35.00 39.70 -11.84
PBT -27.20 -40.10 -32.17 -41.80 -187.70 -77.73 -41.80 -187.70 -77.73
TAX -4.60 -1.80 155.56 -51.00 -7.20 608.33 -51.00 -7.20 608.33
Deferred Tax -4.60 -1.60 187.50 -51.00 -7.00 628.57 -51.00 -7.00 628.57
PAT -22.60 -38.30 -40.99 9.20 -180.50 -105.10 9.20 -180.50 -105.10
Equity 39.20 39.20 0.00 39.20 39.20 0.00 39.20 39.20 0.00
PBIDTM(%) -0.73 -6.41 -88.55 6.40 -11.25 -156.90 6.40 -11.25 -156.90
Peers
Company Name CMP
Vardhman Textiles 554.05
Welspun Living 224.70
Arvind 550.00
Raymond Lifestyle 687.50
K.P.R. Mill 1108.00
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