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Banswara Syntex Ltd Q1FY24; 49% fall in Profits

Banswara Syntex Limited is engaged in the business of manufacturing synthetic blended yarn, wool and wool mixed yarn, fabrics and readymade garments.

Financial Results:

Banswara Syntex Ltd reported Revenues for Q1FY24 of ₹302.67 Crores down from ₹355.48 Crore year on year, a fall of 14.86%.

Total Expenses for Q1FY24 of ₹293.13 Crores down from ₹329.10 Crores year on year, a fall of 10.93%.

Consolidated Net Profit of ₹9.62 Crores down 49.42% from ₹19.02 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.81, down 49.46% from ₹5.56 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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