MoneyWorks4Me

Acknit Industries - Quaterly Results

09 Aug 2024 Evaluate
A fair growth of 14.80% in the revenue at Rs. 572.27 millions was reported in the June 2024 quarter as compared to Rs. 498.48 millions during year-ago period.Net Profit recorded in the quarter ended June 2024 rise to 27.28% to Rs. 19.83  millions  compared to R. 15.58 millions in corresponding previous quarter.Operating profit for the quarter ended June 2024 rose to 43.08 millions as compared to 35.25 millions of corresponding quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 572.27 498.48 14.80 572.27 498.48 14.80 2206.57 2384.69 -7.47
Other Income 0.74 1.34 -44.78 0.74 1.34 -44.78 2.48 0.67 270.15
PBIDT 43.08 35.25 22.21 43.08 35.25 22.21 171.36 182.54 -6.12
Interest 6.97 5.95 17.14 6.97 5.95 17.14 23.84 28.01 -14.89
PBDT 36.11 29.30 23.24 36.11 29.30 23.24 147.52 154.53 -4.54
Depreciation 8.89 8.21 8.28 8.89 8.21 8.28 32.93 33.15 -0.66
PBT 27.22 21.09 29.07 27.22 21.09 29.07 114.59 121.38 -5.59
TAX 7.39 5.51 34.12 7.39 5.51 34.12 29.07 31.17 -6.74
Deferred Tax -0.10 -0.27 -62.96 -0.10 -0.27 -62.96 -0.24 0.03 -900.00
PAT 19.83 15.58 27.28 19.83 15.58 27.28 85.52 90.21 -5.20
Equity 30.40 30.40 0.00 30.40 30.40 0.00 30.40 30.40 0.00
PBIDTM(%) 7.53 7.07 6.45 7.53 7.07 6.45 7.77 7.65 1.45
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
View more..