Categories AlphaGraphs, Earnings, Industrials

SVP Global Textiles Ltd Q1FY24; 72% fall in Revenue

SVP Global Textiles Limited, established in 1982, is a company engaged in the manufacture of value-added compact yarn. It is the holding company for the entire Shri Vallabh Pittie Group of Companies.

Financial Results:

SVP Global Textiles Ltd reported Revenues for Q1FY24 of ₹77.00 Crores down from ₹280.00 Crore year on year, a fall of 72.5%.

Total Expenses for Q1FY24 of ₹144.00 Crores down from ₹317.00 Crores year on year, a fall of 54.57%.

Consolidated Net Profit of -₹67.00 Crores from -₹37.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹4.68, from -₹1.23 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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