Ambika Cotton Mills is engaged in manufacturing and selling speciality cotton yarn catering to the needs of manufacturers of premium branded shirts and t-shirts. Exports constitute significant portion of the operations. The company operates with total installed spindle capacity of 108288 (Previous Year 108288 Spindles) of compact facility housed in four units and Knitting facility of converting 40,000 Kgs of yarn per day into fabrics.
Financial Results:
Ambika Cotton Mills Ltd reported Revenues for Q1FY24 of ₹222.00 Crores down from ₹254.00 Crore year on year, a fall of 12.6%.
Total Expenses for Q1FY24 of ₹207.00 Crores up from ₹204.00 Crores year on year, a rise of 1.47%.
Consolidated Net Profit of ₹21.00 Crores down 46.15% from ₹39.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹36.24, down 46.63% from ₹67.90 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.