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Flexituff Ventures International Ltd Q1FY24; 35% fall in Revenue

Flexituff Ventures International Ltd is engaged in the business of technical textiles. It manufactures Flexible Intermediate Bulk Container, geotextiles, BOPP woven bags, and NPC drippers.


Financial Results:

  • Flexituff Ventures International Ltd reported Revenues for Q1FY24 of ₹161.00 Crores down from ₹246.00 Crore year on year, a fall of 34.55%.
  • Total Expenses for Q1FY24 of ₹217.00 Crores down from ₹266.00 Crores year on year, a fall of 18.42%.
  • Consolidated Net Profit of -₹38.00 Crores from -₹12.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹14.23, from -₹4.56 in the same quarter of the previous year.
Tags: textile
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