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S.P. Apparels - Quaterly Results

21 May 2024 Evaluate
The revenue zoomed 8.65% to Rs. 2551.23 millions for the quarter ended March 2024 as compared to Rs. 2348.13 millions during the corresponding quarter last year.Profit saw a slight increase of 15.32%to Rs. 268.40  millions from Rs. 232.74 millions.Operating profit for the quarter ended March 2024 decreased to 423.01 millions as compared to 447.38 millions 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 2551.23 2348.13 8.65 9483.20 9424.96 0.62 9483.20 9424.96 0.62
Other Income 19.21 19.00 1.11 156.64 198.24 -20.98 156.64 198.24 -20.98
PBIDT 423.01 447.38 -5.45 1838.69 1716.42 7.12 1838.69 1716.42 7.12
Interest 12.14 57.90 -79.03 131.14 156.16 -16.02 131.14 156.16 -16.02
PBDT 410.87 389.48 5.49 1707.55 1560.26 9.44 1707.55 1560.26 9.44
Depreciation 87.66 84.81 3.36 350.61 337.51 3.88 350.61 337.51 3.88
PBT 323.21 304.67 6.09 1356.94 1222.75 10.97 1356.94 1222.75 10.97
TAX 54.81 71.93 -23.80 319.32 304.62 4.83 319.32 304.62 4.83
Deferred Tax 5.20 1.69 207.69 16.34 4.87 235.52 16.34 4.87 235.52
PAT 268.40 232.74 15.32 1037.62 918.13 13.01 1037.62 918.13 13.01
Equity 250.93 250.93 0.00 250.93 254.93 -1.57 250.93 254.93 -1.57
PBIDTM(%) 16.58 19.05 -12.97 19.39 18.21 6.47 19.39 18.21 6.47
Peers
Company Name CMP
Vardhman Textiles 530.20
Welspun Living 230.00
Arvind 514.55
Raymond Lifestyle 582.15
K.P.R. Mill 1092.65
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