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Emmbi Industries Ltd Q1FY24; 52% fall in Profits

Established in 1994, Emmbi Industries Limited is a manufacturer of woven polymer-based products. Co. is primarily engaged in designing and manufacturing Flexible Intermediate Bulk Containers (FIBCs). Emmbi’s Woven Sacks and Liners have a wide range of applications in containers, irrigation canals, man-made water bodies, flexible tanks, car covers, furniture covers, etc. Mr. Makrand M. Appalwar is the Chairman & Managing Director of the co.

Financial Results:

Emmbi Industries Ltd reported Revenues for Q1FY24 of ₹86.18 Crores down from ₹105.82 Crore year on year, a fall of 18.56%.

Total Expenses for Q1FY24 of ₹84.15 Crores down from ₹101.49 Crores year on year, a fall of 17.09%.

Consolidated Net Profit of ₹1.45 Crores down 52.15% from ₹3.03 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.82, down 52.05% from ₹1.71 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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