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Gini Silk Mills - Quaterly Results

14 Nov 2024 Evaluate
A decrease in the sales to Rs. 109.20 millions was observed for the quarter ended September 2024. The sales stood at Rs. 117.21 millions during the similar quarter previous year.The Net Profit of the company slipped to Rs. 5.94 millions from Rs. 11.09 millions, a decline of -46.44% on QoQ basis.The Operating Profit of the company witnessed a decrease to 14.72 millions from 18.49 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202409 202309 % Var 202409 202309 % Var 202403 202303 % Var
Sales 109.20 117.21 -6.83 196.58 216.15 -9.05 437.33 461.87 -5.31
Other Income 8.44 5.83 44.77 17.46 12.46 40.13 26.98 16.93 59.36
PBIDT 14.72 18.49 -20.39 25.13 30.07 -16.43 52.70 39.48 33.49
Interest 1.08 1.69 -36.09 2.82 3.21 -12.15 7.68 6.93 10.82
PBDT 13.64 16.80 -18.81 22.31 26.86 -16.94 48.71 32.55 49.65
Depreciation 3.59 3.88 -7.47 7.11 6.81 4.41 13.93 13.71 1.60
PBT 10.05 12.92 -22.21 15.20 20.05 -24.19 34.78 18.84 84.61
TAX 4.11 1.83 124.59 3.99 2.71 47.23 4.43 3.53 25.50
Deferred Tax 1.81 -0.37 -589.19 0.99 -1.29 -176.74 -2.53 -0.17 1388.24
PAT 5.94 11.09 -46.44 11.21 17.34 -35.35 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(%) 13.48 15.78 -14.55 12.78 13.91 -8.11 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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