Categories AlphaGraphs, Earnings, Industrials

Zuari Industries Ltd Q1FY24; 18% fall in Revenue

Zuari Global Ltd is the holding company of the well-established and diversified Adventz Group. The group comprises 23 companies in four industry verticals- Agriculture, Engineering & Infra, Lifestyle & Real Estate and Services. The Co.’s primary business activity is real estate, investment services, engineering services, management services, manufacturing and trading of furniture, manufacturing and sale of sugar and its by-products, ethanol and generation of power.

Financial Results:

Zuari Industries Ltd reported Revenues for Q1FY24 of ₹191.00 Crores down from ₹234.00 Crore year on year, a fall of 18.38%.

Total Expenses for Q1FY24 of ₹319.00 Crores up from ₹301.00 Crores year on year, a rise of 5.98%.

Consolidated Net Profit of -₹49.00 Crores from ₹253.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹16.20, from ₹84.97 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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