Pokarna Ltd Q1FY24; 36% fall in Profits

Pokarna established their Granite business in 1991. Their state-of-the-art manufacturing facilities are equipped with specialized Bretonstone® technology, used for producing Quartz surfaces. They have strong presence in 23 countries and a robust distribution network which enables them to maintain uninterrupted and steady supply of products. Their Quartz surfaces are marketed under the brand name Quantra, while their granite products are sold under the Pokarna brand.

Financial Results:

Pokarna Ltd reported Revenues for Q1FY24 of ₹162.00 Crores down from ₹240.00 Crore year on year, a fall of 32.5%.

Total Expenses for Q1FY24 of ₹138.00 Crores down from ₹202.00 Crores year on year, a fall of 31.68%.

Consolidated Net Profit of ₹18.00 Crores down 35.71% from ₹28.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.78, down 37.11% from ₹9.19 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.