Categories AlphaGraphs, Earnings

Bannari Amman Spinning Mills Ltd Q1FY24; 30% fall in Revenue

Bannari Amman Spinning Mills Limited, incorporated in 1989, is an integrated textile company engaged in the manufacture of cotton yarn, fabric and home textile products as well as wind power generation.

Financial Results:

Bannari Amman Spinning Mills Ltd reported Revenues for Q1FY24 of ₹269.27 Crores down from ₹383.02 Crore year on year, a fall of 29.7%.

Total Expenses for Q1FY24 of ₹275.16 Crores down from ₹373.19 Crores year on year, a fall of 26.27%.

Consolidated Net Profit of -₹3.20 Crores from ₹7.70 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.74, from ₹0.91 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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