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Lorenzini Apparels - Quaterly Results

12 Aug 2024 Evaluate
The revenue for the June 2024 quarter is pegged at Rs. 151.77 millions, about 6.86% up against Rs. 142.03 millions recorded during the year-ago period.The Net Profit of the company vaulted to 150.13% to Rs. 18.56  millions from Rs. 7.42 millions in the previous quarter.Operating Profit saw a handsome growth to 34.72 millions from 23.59 millions in the quarter ended June 2024.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 151.77 142.03 6.86 151.77 142.03 6.86 547.59 437.57 25.14
Other Income 20.76 0.48 4225.00 20.76 0.48 4225.00 18.71 1.91 879.58
PBIDT 34.72 23.59 47.18 34.72 23.59 47.18 118.62 79.29 49.60
Interest 4.12 3.14 31.21 4.12 3.14 31.21 14.06 12.71 10.62
PBDT 30.60 20.45 49.63 30.60 20.45 49.63 104.56 66.58 57.04
Depreciation 7.76 8.03 -3.36 7.76 8.03 -3.36 32.15 28.90 11.25
PBT 22.84 12.42 83.90 22.84 12.42 83.90 72.41 37.68 92.17
TAX 4.28 5.00 -14.40 4.28 5.00 -14.40 19.44 12.48 55.77
Deferred Tax 2.04 1.57 29.94 2.04 1.57 29.94 -0.54 1.02 -152.94
PAT 18.56 7.42 150.13 18.56 7.42 150.13 52.97 25.20 110.20
Equity 159.16 156.69 1.58 159.16 156.69 1.58 156.69 156.69 0.00
PBIDTM(%) 22.88 16.61 37.74 22.88 16.61 37.74 21.66 18.12 19.55
Peers
Company Name CMP
Vardhman Textiles 534.45
Welspun Living 227.60
Arvind 539.60
Raymond Lifestyle 642.05
K.P.R. Mill 1103.45
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