S P Apparels Ltd Q1FY24; 42% fall in Profits

The company was established in 1989, it is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at the integrated facilities that allow providing end-to-end garment manufacturing services from greige fabric to finished products. , Mr. P. Sundararajan is the Chairman and Managing Director of our Company. . The company provides end-to-end garment manufacturing from greige fabric to finished products including bodysuits, sleepsuits, tops, and bottoms.

Financial Results:

S P Apparels Ltd reported Revenues for Q1FY24 of ₹248.00 Crores up from ₹246.00 Crore year on year, a rise of 0.81%.

Total Expenses for Q1FY24 of ₹227.00 Crores up from ₹218.00 Crores year on year, a rise of 4.13%.

Consolidated Net Profit of ₹15.00 Crores down 42.31% from ₹26.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.98, down 40.56% from ₹10.06 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.