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Coastal Corporation Ltd Q1FY24; 63% fall in Profits

Coastal Corporation is engaged in processing and export of sea food.

Financial Results:

Coastal Corporation Ltd reported Revenues for Q1FY24 of ₹100.58 Crores down from ₹116.44 Crore year on year, a fall of 13.62%.

Total Expenses for Q1FY24 of ₹96.81 Crores down from ₹110.26 Crores year on year, a fall of 12.2%.

Consolidated Net Profit of ₹3.28 Crores down 62.68% from ₹8.79 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.43, down 62.67% from ₹6.51 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: exports
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