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S.P. Apparels - Quaterly Results

10 Aug 2024 Evaluate
The revenue declined to Rs. 2140.48 millions for the quarter ended June 2024 as compared to Rs. 2179.28 millions during the corresponding quarter last year.Net profit showed a marginal rise at Rs. 227.55 millions for the quarter ended June 2024, as compared to corresponding quarter of last year.The company reported a degrowth in operating Profit to 392.49 millions from 450.71 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 2140.48 2179.28 -1.78 2140.48 2179.28 -1.78 9483.20 9424.96 0.62
Other Income 24.86 41.94 -40.72 24.86 41.94 -40.72 156.64 198.24 -20.98
PBIDT 392.49 450.71 -12.92 392.49 450.71 -12.92 1838.69 1716.42 7.12
Interest 31.08 46.70 -33.45 31.08 46.70 -33.45 131.14 156.16 -16.02
PBDT 361.41 404.01 -10.54 361.41 404.01 -10.54 1707.55 1560.26 9.44
Depreciation 89.88 86.87 3.46 89.88 86.87 3.46 350.61 337.51 3.88
PBT 271.53 317.14 -14.38 271.53 317.14 -14.38 1356.94 1222.75 10.97
TAX 43.98 99.24 -55.68 43.98 99.24 -55.68 319.32 304.62 4.83
Deferred Tax -24.36 19.43 -225.37 -24.36 19.43 -225.37 16.34 4.87 235.52
PAT 227.55 217.90 4.43 227.55 217.90 4.43 1037.62 918.13 13.01
Equity 250.93 250.93 0.00 250.93 250.93 0.00 250.93 254.93 -1.57
PBIDTM(%) 18.34 20.68 -11.34 18.34 20.68 -11.34 19.39 18.21 6.47
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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