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Anik Industries Ltd Q1FY24; 36% fall in Profits

Anik Industries Ltd is primarily engaged in the business of trading of Agri- Commodities, Edible oil & Vanaspati, Property Development, Windpower Generation & others.

Financial Results:

Anik Industries Ltd reported Revenues for Q1FY24 of ₹18.04 Crores down from ₹54.27 Crore year on year, a fall of 66.76%.

Total Expenses for Q1FY24 of ₹14.54 Crores down from ₹51.45 Crores year on year, a fall of 71.74%.

Consolidated Net Profit of ₹3.63 Crores down 36.2% from ₹5.69 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.31, down 36.10% from ₹2.05 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.

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