Indo Rama Synthetics (India) Limited is a prominent player in the Indian textile industry. The company is engaged in the manufacturing and sale of a wide range of synthetic fibers and textiles, catering to various domestic and international markets. Indo Rama Synthetics operates through multiple business segments, including Polyester, Texturizing, and Other Related Products. The Polyester segment is the core of the company’s business, involved in the production of polyester staple fibers, polyester filament yarns, and polyester chips. These products find applications in diverse industries such as textiles, apparel, home furnishings, automotive, and more.
- Indo Rama Synthetics (India) Limited reported Total Income for Q4 FY23 of ₹885.04 Crore down from ₹1,252.44 Crore year on year, a decline of 29.3%.
- Total Expenses for Q4 FY23 of ₹860.26 Crore down from ₹1,121.69 Crore year on year, a decline of 23.3%.
- Consolidated Net Profit of ₹1.62 Crore, down 98.4% from ₹107 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹0.06, from ₹4.30 in the same quarter of the previous year.
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