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Axita Cotton Ltd Q2FY24; 184% 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 Q2FY24 of ₹388.78 Crores up from ₹91.64 Crore year on year, a rise of 324.25%.

Total Expenses for Q2FY24 of ₹382.65 Crores up from ₹88.72 Crores year on year, a rise of 331.3%.

Consolidated Net Profit of ₹6.51 Crores up 184.28% from ₹2.29 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.33, up 175.00% from ₹0.12 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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