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Jindal Worldwide Ltd Q1FY24; 67% fall in Profits

Jindal Worldwide Ltd is engaged in the Textiles Sector and the main business activities are related to the manufacturing of Denim fabric, premium shirtings, yarn dyeing, bottom weights and home textiles through its various internal divisions.

Financial Results:

  • Jindal Worldwide Ltd reported Revenues for Q1FY24 of ₹411.00 Crores down from ₹639.00 Crore year on year, a fall of 35.68%.
  • Total Expenses for Q1FY24 of ₹391.00 Crores down from ₹584.00 Crores year on year, a fall of 33.05%.
  • Consolidated Net Profit of ₹14.00 Crores down 66.67% from ₹42.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹0.68, down 67.31% from ₹2.08 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: textile
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