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Himatsingka Seide Ltd Q1FY24; 7% rise in Revenue

Himatsingka Seide Ltd. is a vertically integrated global textile major that designs, develops, manufactures and distributes a suite of home textile products. It has installed capacities for manufacturing bedding and bath products, drapery and upholstery fabrics, and fine-count cotton yarn which are among the largest in the world.


Financial Results:

  • Himatsingka Seide Ltd reported Revenues for Q1FY24 of ₹682.00 Crores up from ₹638.00 Crore year on year, a rise of 6.9%.
  • Total Expenses for Q1FY24 of ₹641.00 Crores down from ₹737.00 Crores year on year, a fall of 13.03%.
  • Consolidated Net Profit of ₹29.00 Crores from -₹55.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹2.96, from -₹5.56 in the same quarter of the previous year.
Tags: textile
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