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Vardhman Acrylics Ltd Q1FY24; 96% fall in Profits

Vardhman Acrylics Ltd is a leading manufacturer and supplier of Acrylic Fibre and Tow in India.

Financial Results:

Vardhman Acrylics Ltd reported Revenues for Q1FY24 of ₹80.80 Crores down from ₹122.19 Crore year on year, a fall of 33.87%.

Total Expenses for Q1FY24 of ₹83.76 Crores down from ₹106.88 Crores year on year, a fall of 21.63%.

Consolidated Net Profit of ₹0.46 Crores down 96.07% from ₹11.71 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.06, down 95.89% from ₹1.46 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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