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Arex Industries - Quaterly Results

11 Nov 2024 Evaluate
The revenue declined to Rs. 123.35 millions for the quarter ended September 2024 as compared to Rs. 128.01 millions during the corresponding quarter last year.The Company's Net profit for the September 2024 quarter have declined marginally to Rs. 5.70  millions as against Rs. 7.70 millions reported during the corresponding quarter ended.Operating Profit reported a sharp decline to 20.17 millions from 23.95 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 123.35 128.01 -3.64 253.04 244.81 3.36 510.11 450.21 13.30
Other Income 6.52 0.00 0.00 6.52 0.04 16200.00 0.94 1.34 -29.85
PBIDT 20.17 23.95 -15.78 45.13 42.55 6.06 91.80 70.58 30.07
Interest 1.59 3.57 -55.46 4.20 7.54 -44.30 13.28 18.14 -26.79
PBDT 18.58 20.38 -8.83 40.93 35.01 16.91 78.52 52.44 49.73
Depreciation 10.00 10.96 -8.76 20.00 21.66 -7.66 41.59 42.34 -1.77
PBT 8.58 9.42 -8.92 20.93 13.35 56.78 36.93 10.10 265.64
TAX 2.88 1.72 67.44 6.93 2.85 143.16 11.50 3.09 272.17
Deferred Tax 0.28 0.89 -68.54 0.33 0.62 -46.77 5.30 1.39 281.29
PAT 5.70 7.70 -25.97 14.00 10.50 33.33 25.43 7.01 262.77
Equity 35.99 39.59 -9.09 39.59 39.59 0.00 39.59 39.59 0.00
PBIDTM(%) 16.35 18.71 -12.60 17.84 17.38 2.61 18.00 15.68 14.79
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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