{"id":153456,"date":"2023-08-14T07:34:00","date_gmt":"2023-08-14T11:34:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153456"},"modified":"2023-08-14T07:34:02","modified_gmt":"2023-08-14T11:34:02","slug":"salona-cotspin-ltd-q1fy24-68-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/salona-cotspin-ltd-q1fy24-68-fall-in-profits\/","title":{"rendered":"Salona Cotspin Ltd Q1FY24; 68% fall in Profits"},"content":{"rendered":"\n<p>Salona Cotspin Ltd is engaged in the manufacturing and selling of Cotton Yarn, Knitted Fabrics and Garments. The company caters to both domestic and international markets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Salona Cotspin Ltd reported Revenues for Q1FY24 of \u20b9140.56 Crores down from \u20b9155.17 Crore year on year, a fall of 9.42%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b9138.35 Crores down from \u20b9147.31 Crores year on year, a fall of 6.08%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b92.06 Crores down 67.56% from \u20b96.35 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b93.91, down 67.61% from \u20b912.07 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-924.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-924-839x1024.png\" alt=\"\" class=\"wp-image-153458\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-924-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-924-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-924-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-924-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-924.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>Salona Cotspin Ltd is engaged in the manufacturing and selling of Cotton Yarn, Knitted Fabrics and Garments. The company caters to both domestic and international markets. Financial Results: Salona Cotspin Ltd reported Revenues for Q1FY24 of \u20b9140.56 Crores down from \u20b9155.17 Crore year on year, a fall of 9.42%. Total Expenses for Q1FY24 of \u20b9138.35 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":153457,"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":[105,392,5753],"tags":[12155,12145,11402],"class_list":["post-153456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-fabrics","tag-garments","tag-yarn"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-923.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":153429,"url":"https:\/\/alphastreet.com\/india\/sportking-india-ltd-q1fy24-78-fall-in-profits\/","url_meta":{"origin":153456,"position":0},"title":"Sportking India Ltd Q1FY24; 78% fall in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Sportking India Limited, a part of the Sportking Group, is a textile manufacturing company engaged in the production of Yarns (Cotton Yarn, Synthetic Yarn, Blended Yarn), fabrics and garments. Financial Results: Sportking India Ltd reported Revenues for Q1FY24 of \u20b9539.00 Crores down from \u20b9606.00 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-914.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-914.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":149898,"url":"https:\/\/alphastreet.com\/india\/ashima-ltd-q1fy24-14-fall-in-revenue\/","url_meta":{"origin":153456,"position":1},"title":"Ashima Ltd Q1FY24; 14% fall in Revenue.","author":"Divyansh_Kasana","date":"July 26, 2023","format":false,"excerpt":"Ashima Limited is engaged in the manufacture of 100% cotton Yarn Dyed Shirting fabrics, Denim fabrics and readymade garments as well as processing of textile fabrics. Financial Results: Ashima Ltd reported Revenues for Q1FY24 of \u20b953.35 Crores down from \u20b962.01 Crore year on year, a fall of 13.97%. Total Expenses\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-222.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-222.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-222.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-222.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-222.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-222.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152530,"url":"https:\/\/alphastreet.com\/india\/sangam-india-ltd-q1fy24-73-fall-in-profits\/","url_meta":{"origin":153456,"position":2},"title":"Sangam (India) Ltd Q1FY24; 73% fall in Profits","author":"Chirag Gupta","date":"August 10, 2023","format":false,"excerpt":"Sangam (India) Limited is engaged in the business of manufacturing and selling of Synthetic Blended, Cotton & Texturised yarn, Fabrics, Denim Fabrics and readymade seamless garment. Financial Results: Sangam (India) Ltd reported Revenues for Q1FY24 of \u20b9677.00 Crores down from \u20b9713.00 Crore year on year, a fall of 5.05%. Total\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-619.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-619.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151451,"url":"https:\/\/alphastreet.com\/india\/banswara-syntex-ltd-q1fy24-49-fall-in-profits\/","url_meta":{"origin":153456,"position":3},"title":"Banswara Syntex Ltd Q1FY24; 49% fall in Profits","author":"Divyansh_Kasana","date":"August 7, 2023","format":false,"excerpt":"Banswara Syntex Limited is engaged in the business of manufacturing synthetic blended yarn, wool and wool mixed yarn, fabrics and readymade garments. Financial Results: Banswara Syntex Ltd reported Revenues for Q1FY24 of \u20b9302.67 Crores down from \u20b9355.48 Crore year on year, a fall of 14.86%. Total Expenses 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-258.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-258.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153185,"url":"https:\/\/alphastreet.com\/india\/ginni-filaments-ltd-q1fy24-18-fall-in-revenue\/","url_meta":{"origin":153456,"position":4},"title":"Ginni Filaments Ltd Q1FY24; 18% fall in Revenue","author":"Hardik Bhandare","date":"August 14, 2023","format":false,"excerpt":"Company is an integrated textile manufacturer. It has two divisions: textiles and consumer products. In the textile division, it produces yarn, fabrics, non-woven fabrics, and garments. Its consumer products include wet wipes, medical disposables, and wound-care products. GFL has production facilities in Panoli (Gujarat), Mathura (Uttar Pradesh), Haridwar (Uttarakhand), and\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-833.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-833.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-833.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-833.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-833.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-833.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":152191,"url":"https:\/\/alphastreet.com\/india\/t-t-ltd-q1fy24-23-fall-in-profits\/","url_meta":{"origin":153456,"position":5},"title":"T T Ltd Q1FY24; 23% fall in Profits","author":"Chirag Gupta","date":"August 9, 2023","format":false,"excerpt":"T T Limited is engaged in manufacturing of yarn, fabric, garments and other textile products. Financial Results: T T Ltd reported Revenues for Q1FY24 of \u20b959.29 Crores up from \u20b956.02 Crore year on year, a rise of 5.84%. Total Expenses for Q1FY24 of \u20b958.81 Crores up from \u20b955.61 Crores year\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-506.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-506.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153456","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\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=153456"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153456\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/153457"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=153456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=153456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=153456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}