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Maral Overseas Ltd Q1FY24; 12% fall in Revenue

Maral Overseas Limited, part of the highly diversified LNJ Bhilwara Group, is a vertically integrated textile manufacturing company producing Gray Yarn, Dyed Yarn, Knitted Fabric and Garments.

Financial Results:

Maral Overseas Ltd reported Revenues for Q1FY24 of ₹228.00 Crores down from ₹259.00 Crore year on year, a fall of 11.97%.

Total Expenses for Q1FY24 of ₹246.00 Crores down from ₹262.00 Crores year on year, a fall of 6.11%.

Consolidated Net Profit of -₹14.00 Crores from ₹2.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹3.47, from ₹0.48 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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