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Bhandari Hosiery Exp - Quaterly Results

28 May 2024 Evaluate
The sales declined to Rs. 888.30 millions for the March 2024 quarter as compared to Rs. 1104.08 millions during the corresponding quarter last year.Profit for the quarter ended March 2024 increased merely by4.33% to Rs. 16.39  millions from Rs. 15.71 millions.Operating profit surged to 74.88 millions from the corresponding previous quarter of 60.34 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 888.30 1104.08 -19.54 2667.35 2832.26 -5.82 2667.35 2832.26 -5.82
Other Income 2.87 0.68 322.06 3.21 0.85 277.65 3.21 0.85 277.65
PBIDT 74.88 60.34 24.10 253.79 234.34 8.30 253.79 234.34 8.30
Interest 32.84 26.86 22.26 111.95 103.38 8.29 111.95 103.38 8.29
PBDT 42.04 33.48 25.57 141.84 130.96 8.31 141.84 130.96 8.31
Depreciation 15.63 9.74 60.47 54.49 52.07 4.65 54.49 52.07 4.65
PBT 26.41 23.74 11.25 87.35 78.89 10.72 87.35 78.89 10.72
TAX 10.02 8.03 24.78 22.02 13.84 59.10 22.02 13.84 59.10
Deferred Tax 5.86 -2.99 -295.99 5.86 -2.18 -368.81 5.86 -2.18 -368.81
PAT 16.39 15.71 4.33 65.33 65.05 0.43 65.33 65.05 0.43
Equity 163.44 146.53 11.54 163.44 146.53 11.54 163.44 146.53 11.54
PBIDTM(%) 8.43 5.47 54.24 9.51 8.27 15.00 9.51 8.27 15.00
Peers
Company Name CMP
Vardhman Textiles 561.95
Welspun Living 223.70
Arvind 548.00
Raymond Lifestyle 677.40
K.P.R. Mill 1136.75
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