Loyal Textile Mills announces Q4, FY20 results

Loyal Textile Mills has reported total revenue of Rs.271.51 Crs. for the quarter ended March 31, 2020 and Rs.1107.87 Crs. for the year ended 31st March 2020 against Rs.335.93 Crs. and Rs.1312.43 Crs. in the corresponding quarter and year ended of the previous year respectively.

Net profit (PAT) for the year ended 31% March 2020 is Rs.4.26 Crs. as against Net profit (PAT) Rs. 25.73 Crs. in the previous year. Rs.52.13 Crs. has been provided for depreciation and amortization and Rs.36.91 Crs. for finance cost.

Shares of LOYAL TEXTILE MILLS LTD. was last trading in BSE at Rs.283.95 as compared to the previous close of Rs. 273.75. The total number of shares traded during the day was 834 in over 36 trades.

The stock hit an intraday high of Rs. 287.25 and intraday low of 260.1. The net turnover during the day was Rs. 222603.

Source : Equity Bulls

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