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Damodar Industries Ltd Q1FY24; 34% fall in Profits

Damodar Industries Limited is engaged activities of manufacturing, processing and merchant trading of Cotton yarn & Fancy Yarn.

Financial Results:

Damodar Industries Ltd reported Revenues for Q1FY24 of ₹199.09 Crores up from ₹188.71 Crore year on year, a rise of 5.5%.

Total Expenses for Q1FY24 of ₹204.62 Crores up from ₹184.77 Crores year on year, a rise of 10.74%.

Consolidated Net Profit of ₹1.68 Crores down 34.12% from ₹2.55 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.72, down 33.94% from ₹1.09 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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