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Arex Industries - Quaterly Results

11 Nov 2024 Evaluate
Revenue showed a marginal decline at Rs. 123.35 millions. For the quarter ended September 2024, as compared to corresponding quarter of last year.The Net Profit of the company registered a slight decline of -25.97% to Rs. 5.70  millions from Rs. 7.70 millions.A decline of 20.17 millions was observed in the OP in the quarter ended September 2024 from 23.95 millions on QoQ basis.


(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 528.90
Welspun Living 217.50
Arvind 509.30
Raymond Lifestyle 568.30
K.P.R. Mill 1069.90
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