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Gini Silk Mills - Quaterly Results

12 Aug 2024 Evaluate
The sales slipped to Rs. 87.38 millions for the June 2024 quarter as against Rs. 98.94 millions during the year-ago period.The Company's Net profit for the June 2024 quarter have declined marginally to Rs. 5.27  millions as against Rs. 6.25 millions reported during the corresponding quarter ended.Operating profit for the quarter ended June 2024 decreased to 10.41 millions as compared to 11.58 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 87.38 98.94 -11.68 87.38 98.94 -11.68 437.33 461.87 -5.31
Other Income 9.02 6.63 36.05 9.02 6.63 36.05 26.98 16.93 59.36
PBIDT 10.41 11.58 -10.10 10.41 11.58 -10.10 52.70 39.48 33.49
Interest 1.74 1.52 14.47 1.74 1.52 14.47 7.68 6.93 10.82
PBDT 8.67 10.06 -13.82 8.67 10.06 -13.82 48.71 32.55 49.65
Depreciation 3.52 2.93 20.14 3.52 2.93 20.14 13.93 13.71 1.60
PBT 5.15 7.13 -27.77 5.15 7.13 -27.77 34.78 18.84 84.61
TAX -0.12 0.88 -113.64 -0.12 0.88 -113.64 4.43 3.53 25.50
Deferred Tax -0.82 -0.92 -10.87 -0.82 -0.92 -10.87 -2.53 -0.17 1388.24
PAT 5.27 6.25 -15.68 5.27 6.25 -15.68 30.35 15.31 98.24
Equity 55.93 55.93 0.00 55.93 55.93 0.00 55.93 55.93 0.00
PBIDTM(%) 11.91 11.70 1.79 11.91 11.70 1.79 12.05 8.55 40.97
Peers
Company Name CMP
Vardhman Textiles 551.25
Welspun Living 222.25
Arvind 535.40
Raymond Lifestyle 652.85
K.P.R. Mill 1120.80
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