IFB Agro Industries Ltd is primarily engaged in the business of manufacturing alcohol, bottling of branded alcoholic beverages as well as processed marine foods both for domestic and export markets.
Financial Results:
- IFB Agro Industries Ltd reported Revenues for Q1FY24 of ₹231.86 Crores down from ₹333.68 Crore year on year, a fall of 30.51%.
- Total Expenses for Q1FY24 of ₹235.66 Crores down from ₹318.28 Crores year on year, a fall of 25.96%.
- Consolidated Net Profit of ₹1.90 Crores down 87.07% from ₹14.70 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹2.03, down 87.06% from ₹15.69 in the same quarter of the previous year.