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Rainbow Foundations Ltd Q1FY24; 40% fall in Profits

Incorporated in 1994, Rainbow Foundations Limited is in the business of Real estate sales and development.

Financial Results:

Rainbow Foundations Ltd reported Revenues for Q1FY24 of ₹16.69 Crores up from ₹6.84 Crore year on year, a rise of 144.01%.

Total Expenses for Q1FY24 of ₹17.57 Crores up from ₹7.19 Crores year on year, a rise of 144.37%.

Consolidated Net Profit of ₹0.46 Crores down 40.26% from ₹0.77 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.09, down 43.75% from ₹0.16 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.

Categories: AlphaGraphs Realty
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