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Harrisons Malayalam Ltd Q1FY24; 12% fall in Revenue

Harrisons Malayalam (HML) is a major plantation player in Southern parts of India.
HML is principally engaged in Tea, Rubber & Fruits, Spices & other crops plantations and has Tea & Rubber estates in the state of Kerala & Tamil Nadu.
Further HML is also engaged in trading & exports of Tea & Rubber.


Financial Results:

  • Harrisons Malayalam Ltd reported Revenues for Q1FY24 of ₹95.85 Crores down from ₹108.61 Crore year on year, a fall of 11.75%.
  • Total Expenses for Q1FY24 of ₹100.34 Crores down from ₹105.05 Crores year on year, a fall of 4.48%.
  • Consolidated Net Profit of -₹2.28 Crores from ₹4.83 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹1.23, from ₹2.61 in the same quarter of the previous year.
Tags: rubber
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