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Stylam Industries Ltd Q1FY24; 33% rise in Profits

Stylam Industries is engaged in the manufacturing of decorative laminates under the brand name “STYLAM” and exports its products primarily to European and South East Asian countries. It manufactures a wide range of high-quality decorative laminates, specialty surfaces, PU+ lacquer coating, solid surfaces and compact laminates.

Financial Results:

Stylam Industries Ltd reported Revenues for Q1FY24 of ₹226.00 Crores down from ₹235.00 Crore year on year, a fall of 3.83%.

Total Expenses for Q1FY24 of ₹190.00 Crores down from ₹208.00 Crores year on year, a fall of 8.65%.

Consolidated Net Profit of ₹28.00 Crores up 33.33% from ₹21.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹16.39, up 32.61% from ₹12.36 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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