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Magnum Ventures Ltd Q1FY24; 92% fall in Profits

Incorporated in 1980, Magnum Ventures Limited manufactures Paper and operates in Hotel Industry.

Financial Results:

Magnum Ventures Ltd reported Revenues for Q1FY24 of ₹112.31 Crores down from ₹115.98 Crore year on year, a fall of 3.16%.

Total Expenses for Q1FY24 of ₹109.86 Crores down from ₹115.30 Crores year on year, a fall of 4.72%.

Consolidated Net Profit of ₹3.45 Crores down 92.26% from ₹44.59 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.92, down 92.24% from ₹11.86 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: hotels
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