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Chamanlal Setia Exports Ltd Q1FY24; 23% rise in Profits

Chaman Lal Setia Exports Limited (CLSE) was incorporated in Amritsar, Punjab in 1994 by Mr. Chaman Lal Setia and his sons. It’s one of the oldest Rice Millers cum Exporters of Basmati rice of all varieties from India.
The company is engaged in the business of milling and processing basmati rice. The company has been involved in export operations since 1982 and was recognized as an export house by the Ministry of Commerce in 1989, at present the company is a ‘Star Export House’.

Financial Results:

Chamanlal Setia Exports Ltd reported Revenues for Q1FY24 of ₹263.00 Crores down from ₹410.00 Crore year on year, a fall of 35.85%.

Total Expenses for Q1FY24 of ₹228.00 Crores down from ₹379.00 Crores year on year, a fall of 39.84%.

Consolidated Net Profit of ₹27.00 Crores up 22.73% from ₹22.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.31, up 23.49% from ₹4.30 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: rice
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