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Avro India Ltd Q1FY24; 3% fall in Profits

Avro India Ltd is engaged in manufacturing and selling of plastic molded furniture
and granules. It sells its products primarily under its flagship brands i.e. “AVRO” and “AVON”.

Financial Results:

Avro India Ltd reported Revenues for Q1FY24 of ₹22.71 Crores up from ₹20.25 Crore year on year, a rise of 12.15%.

Total Expenses for Q1FY24 of ₹21.87 Crores up from ₹18.74 Crores year on year, a rise of 16.7%.

Consolidated Net Profit of ₹1.01 Crores down 2.88% from ₹1.04 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.00, down 2.91% from ₹1.03 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.

Tags: Furniture
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