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Nahar Spinning Mills Ltd Q1FY24; 13% fall in Revenue

Incorporated in 1980, Nahar Spinning Mills Limited is engaged in the business of manufacturing cotton yarn/blended yarn and hosiery knitwear.

Financial Results:

Nahar Spinning Mills Ltd reported Revenues for Q1FY24 of ₹749.00 Crores down from ₹862.00 Crore year on year, a fall of 13.11%.

Total Expenses for Q1FY24 of ₹773.00 Crores down from ₹776.00 Crores year on year, a fall of 0.39%.

Consolidated Net Profit of -₹18.00 Crores from ₹72.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹4.85, from ₹20.01 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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