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Garment Mantra Life - Quaterly Results

12 Aug 2024 Evaluate
The sales moved up 36.62% to Rs. 254.64 millions for the June 2024 quarter as compared to Rs. 186.39 millions during the year-ago period.Handsome Net Profit growth of 67.28% reported above the corresponding previous quarter figure of Rs. 3.63 millions to Rs. 2.17 millions.Operating profit for the quarter ended June 2024 rose to 12.36 millions as compared to 9.33 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 254.64 186.39 36.62 254.64 186.39 36.62 1048.49 1066.28 -1.67
Other Income 0.03 0.17 -82.35 0.03 0.17 -82.35 1.48 3.01 -50.83
PBIDT 12.36 9.33 32.48 12.36 9.33 32.48 44.28 33.29 33.01
Interest 6.45 5.49 17.49 6.45 5.49 17.49 21.02 19.70 6.70
PBDT 5.91 3.84 53.91 5.91 3.84 53.91 23.26 13.62 70.78
Depreciation 1.00 0.91 9.89 1.00 0.91 9.89 3.99 3.63 9.92
PBT 4.91 2.93 67.58 4.91 2.93 67.58 19.27 9.99 92.89
TAX 1.28 0.76 68.42 1.28 0.76 68.42 4.97 5.61 -11.41
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.17 -0.12 -241.67
PAT 3.63 2.17 67.28 3.63 2.17 67.28 14.30 4.38 226.48
Equity 100.38 100.38 0.00 100.38 100.38 0.00 100.38 100.38 0.00
PBIDTM(%) 4.85 5.01 -3.03 4.85 5.01 -3.03 4.22 3.12 35.27
Peers
Company Name CMP
Vardhman Textiles 529.75
Welspun Living 239.05
Arvind 534.80
Raymond Lifestyle 628.20
K.P.R. Mill 1071.60
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