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Shreyans Industries Ltd Q1FY24; 300% rise in Profits

Shreyans Industries Limited (SIL) was initially incorporated in 1979 by the name ‘Shreyans Paper Mills Limited’ by Mr D.K.Oswal and his family members. Subsequently, in 1992, the company’s name was changed to SIL. It is engaged in the manufacturing of Writing and Printing Paper catering to both domestic and international market.

Financial Results:

Shreyans Industries Ltd reported Revenues for Q1FY24 of ₹188.00 Crores down from ₹196.00 Crore year on year, a fall of 4.08%.

Total Expenses for Q1FY24 of ₹153.00 Crores down from ₹187.00 Crores year on year, a fall of 18.18%.

Consolidated Net Profit of ₹32.00 Crores up 300.0% from ₹8.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹23.13, up 281.05% from ₹6.07 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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