{"id":152035,"date":"2023-08-09T10:21:01","date_gmt":"2023-08-09T14:21:01","guid":{"rendered":"https:\/\/44.250.171.167\/?p=152035"},"modified":"2023-08-09T10:21:02","modified_gmt":"2023-08-09T14:21:02","slug":"mahalaxmi-rubtech-ltd-q1fy24-22-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mahalaxmi-rubtech-ltd-q1fy24-22-fall-in-profits\/","title":{"rendered":"Mahalaxmi Rubtech Ltd Q1FY24; 22% fall in Profits"},"content":{"rendered":"\n<p>Mahalaxmi Rubtech Ltd. is a Textile manufacturing company and a part of the Mahalaxmi Group of Industries. It is engaged in the manufacturing and marketing of products of Traditional Textile and Technical Textile. Mahalaxmi Rubtech Limited is headquartered in Ahmedabad, India and all facilities are located within 50 Kms within each other<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Mahalaxmi Rubtech Ltd reported Revenues for Q1FY24 of \u20b965.19 Crores up from \u20b959.54 Crore year on year, a rise of 9.49%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b963.99 Crores up from \u20b959.60 Crores year on year, a rise of 7.37%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b91.57 Crores down 21.89% from \u20b92.01 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.48, down 21.69% from \u20b91.89 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-454.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-454-839x1024.png\" alt=\"\" class=\"wp-image-152036\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-454-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-454-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-454-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-454-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-454.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mahalaxmi Rubtech Ltd. is a Textile manufacturing company and a part of the Mahalaxmi Group of Industries. It is engaged in the manufacturing and marketing of products of Traditional Textile and Technical Textile. Mahalaxmi Rubtech Limited is headquartered in Ahmedabad, India and all facilities are located within 50 Kms within each other Financial Results: Mahalaxmi [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,12],"tags":[9793],"class_list":["post-152035","post","type-post","status-publish","format-standard","hentry","category-infographics","category-other-industries","tag-textile"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153414,"url":"https:\/\/alphastreet.com\/india\/loyal-textile-mills-ltd-q1fy24-35-fall-in-revenue\/","url_meta":{"origin":152035,"position":0},"title":"Loyal Textile Mills Ltd Q1FY24; 35% fall in Revenue","author":"Karan_Singh","date":"August 14, 2023","format":false,"excerpt":"Loyal Textile Mills Ltd is engaged in manufacturing of yarn, woven fabric, knitted fabric and technical clothing. Financial Results: Loyal Textile Mills Ltd reported Revenues for Q1FY24 of \u20b9286.68 Crores down from \u20b9437.94 Crore year on year, a fall of 34.54%. Total Expenses for Q1FY24 of \u20b9316.19 Crores down from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-915.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-915.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-915.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-915.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-915.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-915.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150555,"url":"https:\/\/alphastreet.com\/india\/lakshmi-machine-works-ltd-q1fy24-29-rise-in-profits\/","url_meta":{"origin":152035,"position":1},"title":"Lakshmi Machine Works Ltd Q1FY24; 29% rise in Profits","author":"Karan_Singh","date":"July 31, 2023","format":false,"excerpt":"Lakshmi Machine Works Ltd is a leading Textile Machinery Manufacturer in India engaged in the manufacturing and selling of textile spinning machinery, CNC Machine Tools, Heavy castings, and parts and components catering to diverse sectors. Financial Results: Lakshmi Machine Works Ltd reported Revenues for Q1FY24 of \u20b91,191.00 Crores up from\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-422.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-422.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-422.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-422.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-422.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-422.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149429,"url":"https:\/\/alphastreet.com\/india\/alok-industries-ltd-q1fy24-28-fall-in-revenue\/","url_meta":{"origin":152035,"position":2},"title":"Alok Industries Ltd Q1FY24; 28% fall in Revenue.","author":"Divyansh_Kasana","date":"July 20, 2023","format":false,"excerpt":"Company Description: Alok Industries is a textile company with a presence in the cotton and polyester segments. 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