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Ester Industries Ltd Q1FY24; 20% fall in Revenue

Ester is backed by 30 years of industry expertise in Industries Limited is into manufacturing Polyester Films, Polyster Chips, Specialty Polymers and Engineering Plastic compounds. The company is headquartered in the National Capital Region of India (Gurgaon). The company serves varying markets like food packaging, processed food, fresh food, food on the go, shelf stable, ready to eat, liquids, beverage packaging, beverage packaging, home and personal care, industrial packaging, constructions, automotive, optical fibre cable.

 

Financial Results:

  • Ester Industries Ltd reported Revenues for Q1FY24 of ₹258.00 Crores down from ₹324.00 Crore year on year, a fall of 20.37%.
  • Total Expenses for Q1FY24 of ₹290.00 Crores up from ₹282.00 Crores year on year, a rise of 2.84%.
  • Consolidated Net Profit of -₹22.00 Crores from ₹42.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹2.65, from ₹4.98 in the same quarter of the previous year.
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