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Praxis Home Retail - Quaterly Results

23 May 2024 Evaluate
A decrease of about -35.27% in the sales to Rs. 461.80 millions was observed for the quarter ended March 2024. The sales stood at Rs. 713.46 millions during the similar quarter previous year.The Net Loss for the quarter ended March 2024 is Rs. -335.14 millions as compared to Net Loss of Rs. -125.72 millions of corresponding quarter ended March 2023Operating profit Margin for the quarter ended March 2024 slipped to -97.51% as compared to 62.79% 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 461.80 713.46 -35.27 2195.78 3860.46 -43.12 2195.78 3860.46 -43.12
Other Income 12.80 44.41 -71.18 63.62 93.71 -32.11 63.62 93.71 -32.11
PBIDT -97.51 62.79 -255.30 -189.72 56.69 -434.66 -189.72 56.69 -434.66
Interest 60.41 55.25 9.34 220.65 217.60 1.40 220.65 217.60 1.40
PBDT -241.77 7.54 -3306.50 -494.22 150.12 -429.22 -494.22 150.12 -429.22
Depreciation 93.37 133.26 -29.93 362.91 360.26 0.74 362.91 360.26 0.74
PBT -335.14 -125.72 166.58 -857.13 -210.14 307.89 -857.13 -210.14 307.89
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -335.14 -125.72 166.58 -857.13 -210.14 307.89 -857.13 -210.14 307.89
Equity 626.09 378.35 65.48 626.09 378.35 65.48 626.09 378.35 65.48
PBIDTM(%) -21.12 8.80 -339.92 -8.64 1.47 -688.37 -8.64 1.47 -688.37
Peers
Company Name CMP
Avenue Supermarts 3830.00
Trent 2666.00
Vishal Mega Mart 103.50
PN Gadgil Jewellers 606.65
Aditya Birla Life 78.73
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