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Indo Rama Synthetics (India) Ltd Q1FY24; 35% fall in Revenue

Indo Rama Synthetics (India) Ltd is engaged in manufacturing polyester products such as Polyester Staple Fibre, Partially Oriented Yarn etc.


Financial Results:

  • Indo Rama Synthetics (India) Ltd reported Revenues for Q1FY24 of ₹770.00 Crores down from ₹1,179.00 Crore year on year, a fall of 34.69%.
  • Total Expenses for Q1FY24 of ₹826.00 Crores down from ₹1,139.00 Crores year on year, a fall of 27.48%.
  • Consolidated Net Profit of -₹55.00 Crores from ₹39.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹2.11, from ₹1.48 in the same quarter of the previous year.
Tags: Polystyrene
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