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Lagnam Spintex - Quaterly Results

11 Nov 2024 Evaluate
The Sales for the quarter ended September 2024 of Rs. 1343.40 millions rose by 45.15% from Rs. 925.54 millions.Profit after Tax for the quarter ended September 2024 saw a decline of -70.47% from Rs. 12.90 millions to Rs. 3.81  millions.Operating profit surged to 118.08 millions from the corresponding previous quarter of 66.25 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 1343.40 925.54 45.15 2943.11 1642.78 79.15 4375.02 3046.59 43.60
Other Income 1.09 0.27 303.70 1.73 0.55 214.55 2.87 2.27 26.43
PBIDT 118.08 66.25 78.23 255.73 138.33 84.87 453.67 310.30 46.20
Interest 70.98 29.51 140.53 145.12 64.37 125.45 152.61 109.76 39.04
PBDT 47.10 36.74 28.20 110.61 73.96 49.55 301.06 200.54 50.12
Depreciation 42.20 18.69 125.79 83.94 36.73 128.53 92.86 73.31 26.67
PBT 4.90 18.05 -72.85 26.67 37.23 -28.36 208.20 127.23 63.64
TAX 1.09 5.15 -78.83 7.10 10.72 -33.77 62.46 29.61 110.94
Deferred Tax 1.09 9.71 -88.77 7.10 9.91 -28.36 64.23 1.83 3409.84
PAT 3.81 12.90 -70.47 19.57 26.51 -26.18 145.74 97.62 49.29
Equity 176.69 176.69 0.00 176.69 176.69 0.00 176.69 176.69 0.00
PBIDTM(%) 8.79 7.16 22.79 8.69 8.42 3.19 10.37 10.19 1.81
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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