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Sangam (India) Ltd Q2FY24; 63% fall in Profits

Sangam (India) Limited is engaged in the business of manufacturing and selling of Synthetic Blended, Cotton & Texturised yarn, Fabrics, Denim Fabrics and readymade seamless garment.

Financial Results:

Sangam (India) Ltd reported Revenues for Q2FY24 of ₹629.00 Crores down from ₹709.00 Crore year on year, a fall of 11.28%.

Total Expenses for Q2FY24 of ₹620.00 Crores down from ₹669.00 Crores year on year, a fall of 7.32%.

Consolidated Net Profit of ₹11.00 Crores down 63.33% from ₹30.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.35, down 65.08% from ₹6.73 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.

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