Shrenik Limited, incorporated in 1985, is a Paper-Trading Company (Wholesale Distributor) having its operations spread across Gujarat, Rajasthan and Maharashtra. The company sells products like Writing and Printing Paper, Coated Paper, Hi bright Paper, Copier Paper, Folding Box Board and Duplex Board.
Financial Results:
- Shrenik Ltd reported Revenues for Q1FY24 of ₹9.00 Crores down from ₹12.00 Crore year on year, a fall of 25.0%.
- Total Expenses for Q1FY24 of ₹118.00 Crores up from ₹11.00 Crores year on year, a rise of 972.73%.
- Consolidated Net Profit of -₹47.00 Crores from ₹1.00 Crores in the same quarter of the previous year.
- The Earnings per Share is -₹0.78, from ₹0.01 in the same quarter of the previous year.
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