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Pioneer Embroideries Ltd Q1FY24; 1600% rise in Profits

Pioneer Embroideries Limited is engaged in the business of manufacturing and exporting Specialized Polyester Filament Yarn, Embroidery & Laces.

Financial Results:

Pioneer Embroideries Ltd reported Revenues for Q1FY24 of ₹73.72 Crores down from ₹85.92 Crore year on year, a fall of 14.2%.

Total Expenses for Q1FY24 of ₹72.72 Crores down from ₹86.55 Crores year on year, a fall of 15.98%.

Consolidated Net Profit of ₹1.02 Crores up 1600.0% from ₹0.06 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.39, up 1,850.00% from ₹0.02 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: Embroidery
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