X

Orbit Exports Ltd Q1FY24; 8% rise in Profits

Orbit Exports Ltd. is engaged in manufacturing and exporting fancy fabrics, and operates across multiple verticals in the value-added fabric market, from women’s apparel to Christmas crafts and home decor, with special interests in occasion-specific fabrics and finished products.

Financial Results:

Orbit Exports Ltd reported Revenues for Q1FY24 of ₹58.00 Crores up from ₹52.00 Crore year on year, a rise of 11.54%.

Total Expenses for Q1FY24 of ₹45.00 Crores up from ₹39.00 Crores year on year, a rise of 15.38%.

Consolidated Net Profit of ₹13.00 Crores up 8.33% from ₹12.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.73, up 6.77% from ₹4.43 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: Fabrics
Related Post