*Vardhman Textiles Ltd.* | *CMP* Rs. 1997 | *M Cap* Rs. 11509 Cr | *52 W H/L* 2148/731
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 2385.1 Cr (23.8% QoQ, 46.8% YoY) vs QoQ Rs. 1927 Cr, YoY Rs. 1625.2 Cr
EBIDTA came at Rs. 676.5 Cr (41.3% QoQ, 367.7% YoY) vs QoQ Rs. 478.8 Cr, YoY Rs. 144.7 Cr
EBITDA Margin came at 28.4% vs QoQ 24.8%, YoY 8.9%
Adj. PAT came at Rs. 481.5 Cr vs QoQ Rs. 314.7 Cr, YoY Rs. 60.2 Cr
Quarter EPS is Rs. 83.5
Share is trading at P/E of 8.8x FY23E EPS