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Garware Marine Inds. - Quaterly Results

04 Feb 2025 Evaluate
The topline advanced to Rs. 2.70 millions, up 75.32% for the December 2024 quarter as against Rs. 1.54 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 282.35% to Rs. 0.65  millions  from Rs. 0.17 millions in previous same quarter.Operating profit surged to 0.80 millions from the corresponding previous quarter of 0.19 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202412 202312 % Var 202412 202312 % Var 202403 202303 % Var
Sales 2.70 1.54 75.32 9.67 5.12 88.87 6.62 12.24 -45.92
Other Income 0.01 0.50 -98.00 0.01 0.50 -98.00 0.50 0.01 4900.00
PBIDT 0.80 0.19 321.05 3.92 0.02 19500.00 -0.62 1.20 -151.67
Interest 0.03 0.01 200.00 0.06 0.03 100.00 0.04 0.01 300.00
PBDT 0.77 0.18 327.78 3.86 -0.01 -38700.00 -0.66 1.19 -155.46
Depreciation 0.00 0.01 -100.00 0.00 0.03 -100.00 0.02 0.02 0.00
PBT 0.77 0.17 352.94 3.86 -0.04 -9750.00 -0.68 1.17 -158.12
TAX 0.12 0.00 0.00 0.60 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.65 0.17 282.35 3.26 -0.04 -8250.00 -0.68 1.17 -158.12
Equity 57.66 57.66 0.00 57.66 57.66 0.00 57.66 57.66 0.00
PBIDTM(%) 29.63 12.34 140.15 40.54 0.39 10278.32 -9.37 9.80 -195.53
Peers
Company Name CMP
Vardhman Textiles 529.75
Welspun Living 239.05
Arvind 534.80
Raymond Lifestyle 628.20
K.P.R. Mill 1071.60
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