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AVT Natural Products Ltd Q1FY24; 66% fall in Profits

AVT Natural Products Limited is a part of the A.V. Thomas Group. The Company is engaged in the business of manufacturing plant-based extracts and natural ingredients solutions for the food, beverage, animal nutrition and nutraceutical industries of the world.

Financial Results:

AVT Natural Products Ltd reported Revenues for Q1FY24 of ₹102.82 Crores down from ₹148.67 Crore year on year, a fall of 30.84%.

Total Expenses for Q1FY24 of ₹95.66 Crores down from ₹116.62 Crores year on year, a fall of 17.97%.

Consolidated Net Profit of ₹8.35 Crores down 66.4% from ₹24.85 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.55, down 66.26% from ₹1.63 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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