|Particulars||Sep-20 Quarter||Growth (yoy)||Growth (qoq)|
|Key Ratios||Sep-20 Quarter||Sep-19 Quarter||Jun-20 Quarter|
|Net Profit Margin||11.95%||13.51%||11.15%|
Key takeaways from the Sep-20 quarter results
- The company had actually benefited from lower raw material costs during the quarter. However, the working capital costs including the cost of inventory movement was much higher in the quarter leading to lower growth in profits as compared to sales.
- For the first half of the fiscal year FY21, the cash generated from operations was up 15% at Rs545cr. Apart from lower cost of materials, the company also found some positives on the movement of trade payables leading to better cash flows in the first half.
- The garments production of the company current stands at 26.08 million garments. The expansion plan for the new garment capacity will take the total production closer to 42 million garments once the expansion is completed.