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Garware Tech. Fibres - Quaterly Results

27 May 2024 Evaluate
The total revenue for the quarter ended March 2024 remained nearly unchanged at Rs. 3708.13 millions.A humble growth in net profit of 21.29% reported in the quarter ended March 2024 to Rs. 691.00  millions from Rs. 569.69 millions.Operating Profit saw a handsome growth to 1032.18 millions from 840.94 millions in the quarter ended March 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 3708.13 3590.25 3.28 12799.23 12536.17 2.10 12799.23 12536.17 2.10
Other Income 122.44 78.77 55.44 427.00 278.52 53.31 427.00 278.52 53.31
PBIDT 1032.18 840.94 22.74 3001.88 2408.28 24.65 3001.88 2408.28 24.65
Interest 53.32 31.65 68.47 167.47 118.75 41.03 167.47 118.75 41.03
PBDT 978.86 809.29 20.95 2834.41 2289.53 23.80 2834.41 2289.53 23.80
Depreciation 67.04 58.24 15.11 257.70 222.38 15.88 257.70 222.38 15.88
PBT 911.82 751.05 21.41 2576.71 2067.15 24.65 2576.71 2067.15 24.65
TAX 220.82 181.36 21.76 608.18 476.46 27.65 608.18 476.46 27.65
Deferred Tax 11.24 7.67 46.54 45.98 -29.82 -254.19 45.98 -29.82 -254.19
PAT 691.00 569.69 21.29 1968.53 1590.69 23.75 1968.53 1590.69 23.75
Equity 203.78 203.78 0.00 203.78 203.78 0.00 203.78 203.78 0.00
PBIDTM(%) 27.84 23.42 18.84 23.45 19.21 22.09 23.45 19.21 22.09
Peers
Company Name CMP
Vardhman Textiles 531.95
Welspun Living 224.00
Arvind 524.30
Raymond Lifestyle 573.70
K.P.R. Mill 1113.20
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