{"id":153103,"date":"2023-08-11T12:04:40","date_gmt":"2023-08-11T16:04:40","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153103"},"modified":"2023-08-11T12:04:41","modified_gmt":"2023-08-11T16:04:41","slug":"akshar-spintex-ltd-q1fy24-17-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/akshar-spintex-ltd-q1fy24-17-fall-in-profits\/","title":{"rendered":"Akshar Spintex Ltd Q1FY24; 17% fall in Profits"},"content":{"rendered":"\n<p>Akshar Spintex Limited is engaged in the business of manufacturing and trading of spun cotton yarn.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Akshar Spintex Ltd reported Revenues for Q1FY24 of \u20b938.45 Crores down from \u20b948.33 Crore year on year, a fall of 20.44%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b938.06 Crores down from \u20b947.61 Crores year on year, a fall of 20.06%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b90.90 Crores down 16.67% from \u20b91.08 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.04, from \u20b90.04 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-808-839x1024.png\" alt=\"\" class=\"wp-image-153104\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-808-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-808-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-808-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-808-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-808.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\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>Akshar Spintex Limited is engaged in the business of manufacturing and trading of spun cotton yarn. Financial Results: Akshar Spintex Ltd reported Revenues for Q1FY24 of \u20b938.45 Crores down from \u20b948.33 Crore year on year, a fall of 20.44%. Total Expenses for Q1FY24 of \u20b938.06 Crores down from \u20b947.61 Crores year on year, a fall [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":153104,"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":[105,392],"tags":[10139],"class_list":["post-153103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-textile-manufacturing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-808.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151591,"url":"https:\/\/alphastreet.com\/india\/lagnam-spintex-ltd-q1fy24-78-fall-in-profits\/","url_meta":{"origin":153103,"position":0},"title":"Lagnam Spintex Ltd Q1FY24; 78% fall in Profits","author":"Karan_Singh","date":"August 7, 2023","format":false,"excerpt":"Incorporated in 2010, Lagnam Spintex Ltd is engaged in the business of manufacturing Ring & Open end Cotton yarns for domestic and international market. It exports to countries like Portugal, China, Bangladesh, etc and their yarns are used in apparel & garment industry Financial Results: Lagnam Spintex Ltd reported Revenues\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-306.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-306.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-306.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-306.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-306.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-306.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153930,"url":"https:\/\/alphastreet.com\/india\/genus-paper-1-fall-in-revenue\/","url_meta":{"origin":153103,"position":1},"title":"Genus Paper &#038; Boards Ltd Q1FY24; 1% fall in Revenue","author":"Hardik Bhandare","date":"August 15, 2023","format":false,"excerpt":"Genus Paper & Boards Ltd is primarily engaged in the business manufacturing of Kraft papers varying from 100 GSM to 400 GSM. Financial Results: Genus Paper & Boards Ltd reported Revenues for Q1FY24 of \u20b9178.18 Crores down from \u20b9179.21 Crore year on year, a fall of 0.57%. Total Expenses for\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-1080.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1080.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1080.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1080.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1080.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1080.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152305,"url":"https:\/\/alphastreet.com\/india\/exxaro-tiles-ltd-q1fy24-84-fall-in-profits\/","url_meta":{"origin":153103,"position":2},"title":"Exxaro Tiles Ltd Q1FY24; 84% fall in Profits","author":"Hardik Bhandare","date":"August 10, 2023","format":false,"excerpt":"Exxaro Tiles Ltd. (ETL) is engaged in the manufacturing of double charge vitrified tiles and glazed vitrified tiles used for flooring solutions. Its product basket consists of 1000+ designs and it is sold under its own brand \"Exxaro\". The company has a PAN India presence with 2000+ registered dealers across\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-545.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-545.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-545.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-545.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-545.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-545.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152746,"url":"https:\/\/alphastreet.com\/india\/elgi-rubber-company-ltd-q1fy24-2314-rise-in-profits\/","url_meta":{"origin":153103,"position":3},"title":"Elgi Rubber Company Ltd Q1FY24; 2314% rise in Profits","author":"Divyansh_Kasana","date":"August 11, 2023","format":false,"excerpt":"Elgi Rubber Company Ltd is engaged in manufacturing a comprehensive range of raw materials, equipment, tools and accessories used in the 'Rubber Industry', predominantly in the 'Tyre sector'. Financial Results: Elgi Rubber Company Ltd reported Revenues for Q1FY24 of \u20b995.33 Crores down from \u20b997.54 Crore year on year, a fall\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-691.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-691.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-691.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-691.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-691.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-691.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149269,"url":"https:\/\/alphastreet.com\/india\/mishtann-foods-ltd-q1fy24-60-fall-in-profits\/","url_meta":{"origin":153103,"position":4},"title":"Mishtann Foods Ltd Q1FY24; 60% fall in Profits","author":"Karan_Singh","date":"July 18, 2023","format":false,"excerpt":"The company was originally incorporated in February 1981 as HICS Cements Private Limited (HCPL), the company initially was a manufacturer of cement. In January 2015, some of the existing promoters took over the management and changed the name to Mishtann Foods Limited (MFL) It is an agro-product company in India\u2026","rel":"","context":"In &quot;Agricultural Products&quot;","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-50.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-50.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-50.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-50.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-50.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-50.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151328,"url":"https:\/\/alphastreet.com\/india\/gati-ltd-q1fy24-1-fall-in-revenue\/","url_meta":{"origin":153103,"position":5},"title":"Gati Ltd Q1FY24; 1% fall in Revenue","author":"Hardik Bhandare","date":"August 4, 2023","format":false,"excerpt":"Gati Ltd is primarily engaged in express distribution and supply chain solution through surface, air and rail logistics, supply chain management (SCM), E-comm logistics, freight forwarding and cold chain - transportation and warehousing. It also operates fuel stations across various locations. Financial Results: Gati Ltd reported Revenues for Q1FY24 of\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-218.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-218.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-218.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-218.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-218.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-218.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=153103"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153103\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/153104"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=153103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=153103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=153103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}