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Loyal Textile Mills Ltd Q1FY24; 35% fall in Revenue

Loyal Textile Mills Ltd is engaged in manufacturing of yarn, woven fabric, knitted fabric and technical clothing.

Financial Results:

Loyal Textile Mills Ltd reported Revenues for Q1FY24 of ₹286.68 Crores down from ₹437.94 Crore year on year, a fall of 34.54%.

Total Expenses for Q1FY24 of ₹316.19 Crores down from ₹410.23 Crores year on year, a fall of 22.92%.

Consolidated Net Profit of -₹9.82 Crores from ₹21.84 Crores in the same quarter of the previous year.

The Earnings per Share is -₹20.39, from ₹45.35 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.

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