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Axita Cotton Ltd Q1FY24; 29% rise in Profits

Incorporated in 2013, Axita Cotton is in the business of manufacturing, trading, processing, finishing of cotton bales

Financial Results:

Axita Cotton Ltd reported Revenues for Q1FY24 of ₹227.87 Crores up from ₹204.63 Crore year on year, a rise of 11.36%.

Total Expenses for Q1FY24 of ₹221.28 Crores up from ₹199.63 Crores year on year, a rise of 10.85%.

Consolidated Net Profit of ₹5.75 Crores up 29.21% from ₹4.45 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.29, up 26.09% from ₹0.23 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: cotton
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